Investment
E-Commerce Innovator Macy’s Upgrades Fulfillment Center
Local analysts agree Macy’s Inc. picked a great time to triple the size of its fulfillment center to accommodate e-commerce by moving into a new location in Sacramento.
Executive Spotlight: Christine Schultz, Colliers International
Christine Schultz, global vice president of marketing and research for Colliers International, talks about the company’s efforts to deliver value with its new blog.
Cottonwood Residential Rides San Antonio’s Growth Wave with New Purchase
Taking advantage of San Antonio’s job growth, Cottonwood Residential has grabbed a class A multi-family community in the area.
Arden Group Adds to its Portfolio in Tampa’s Sizzling Market
Arden Group has been slowly but steadily adding to its portfolio over the last couple of years, and the InterContinental Hotel Tampa Westshore in Tampa, is its latest acquisition.
INTERNATIONAL: Bouwinvest Diversifies Portfolio in the Netherlands
In order to diversify its portfolio in the Netherlands, institutional real estate investment manager Bouwinvest has bought two of the most prominent properties in the country.
Irvine Co. Pays Legacy Partners Pretty Penny for Silicon Valley Office Park
The Irvine Co. has taken Tech Park at Freedom Circle in Santa Clara, Calif., off the hands of Legacy Partners, which the seller called a “win-win for both sides.”
Vulcan Trades Prominent Washington State Office Complex
To raise capital for new investment, Vulcan Real Estate has sold a 20-acre property with strong credit tenants such as Microsoft and Costco Wholesale to Talon Private Capital for a nice chunk of change.
Going Down
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Donahue Schriber Continues Expansion in Bay Area
Who says retail is a lagging CRE asset? Donahue Schriber Realty Group reportedly shelled out $111 million for Village Oaks Shopping Center in San Jose.