News
Podcast: What’s Next for Urban Retail?
“We need to learn how to live with risks,” said EastBanc Principal Philippe Lanier, a retail landlord in Washington, D.C.’s Georgetown neighborhood. Tune in to find out his expectations for this summer’s shopping season and why the longer-term picture is quite positive, despite consumers’ currently cautious mood.
Top 10 Office Projects Under Construction in Chicago
According to Yardi Matrix, more than 9 million square feet of office space was in the pipeline as of June, with two large projects breaking ground during the shutdown.
Rolling Panels Guard Against Workplace Germs
Made of acrylic blocks secured to a metal base, the new product from Hy-Lite provides for distancing and privacy.
Top 5 Secondary Markets for Self Storage Development
More than 44 million square feet of storage space was planned or underway in secondary markets as of May. CPE identified the top-performing markets based on the new-supply pipeline as a percentage of existing stock.
Cushman & Wakefield Appoints New CEO for the Americas
Andrew McDonald is taking over from Shawn Mobley, who had served in the role since 2017.
Colony Capital Leads $1.2B Investment in Vantage Data Centers
Valued at $3.5 billion, the new strategic partnership will both boost Vantage’s ability to expand its portfolio and help accelerate Colony’s reorientation toward digital infrastructure.
IQHQ Buys $125M Cambridge Life Sciences Campus
The real estate development company purchased the corporate headquarters of GCP Allied Technologies in a sale-leaseback transaction.
Renaissance Baltimore Harborplace Hotel Commands $80M
Sunstone Hotel Investors reportedly agreed to lower the price of the 622-key waterfront property in response to the pandemic.
Black Creek Buys Northern Virginia Warehouse for $53M
Amazon is one of two tenants at the newly delivered last-mile industrial property in Springfield.
Cohen Asset Management Expands Phoenix Industrial Footprint
The company paid $30.7 million to acquire a 325,800-square-foot logistics property that is fully occupied by two tenants.