Investment
Net Lease Column: The End of the Investment Run?
By Marc Imrem, Managing Director of Capital Markets, Transwestern: What does the Fed’s recent interest rate hike mean for net lease investment?
A New Residence Inn Hotel Opens in Kansas City
Residence Inn Kansas City at the Legends opened on January 20, 2016.
Avison Young’s Outlook for CRE
Avison Young’s latest report on the CRE industry in the U.S., Canada and U.K. forecasts a generally positive outlook for 2016, but there’s some uncertainty.
Admiral Capital Sails to Silicon Valley
San Tomas Plaza’s new owners, Admiral Capital Group and Bay West Development, plan to upgrade the property as well as its tenant roster.
Viking Partners Acquires Overland Pointe Marketplace for $8.5M
A suburban Kansas City retail center lands a new owner.
9Round Gym Opens Fourth San Antonio Location
By Anca Gagiuc, Associate Editor San Antonio, Texas—9Round, a national chain of kickboxing gyms, opened its 300th club, the fourth in San Antonio. The milestone club opened in Alamo City as the most recent outcome of a vast expansion effort, which resulted in locations in 40 states and five countries. “There is no better way than to start 2016 with the opening of our 300th location, which is a true milestone and accomplishment for any franchise brand. Every opening is worth celebrating, and we certainly look forward to unit 500, unit 1000 and beyond,” said Shannon Hudson, founder & CEO of 9Round….
Sonterra Village Shopping Center in San Antonio Acquired for $21.5M
A new 42,492-square-foot shopping center in the San Antonio metro area has been acquired by InvenTrust Properties Corp.
High-Altitude Resort to Get High-Quality Upgrades
The Vail Cascade Resort and Spa in Vail, Colo., is getting a major facelift with a $35 million renovation and repositioning by Laurus Corp. and Ethika Investments.
Oakland Office Tower Sold As Market Improvement Continues
With the market trending upwards across the Bay Area, a LEED-Platinum office tower changes ownership.
Coastal Oregon Hotel Changes Ownership
The 54-key Edgecliff Motel in Lincoln City, Ore. recently changed hands for $1.6 million.