News

Why Stabilized Plays Are Gaining Market Share

Lenders will typically offer full leverage on stabilized assets because rents are relatively high compared to the expenses, notes Stepp Commercial’s Mark Ventre.

Michael May, President, Silverstein Capital. Image courtesy of Silverstein Capital

Q&A: How Silverstein Capital Is Girding for the Slowdown

President Michael May discusses the company’s first year and what its growth plans look like.

Richmond Retail Asset Trades for $19M

Giant Food Stores has sold an 84,064-square-foot shopping center two years after purchasing the asset from DDR Corp.

Colliers Names US President & CEO

Gil Borok currently serves as the firm’s chief operating officer and acting leader of the U.S. business.

Columbia Property Trust to Buy San Francisco Tower for $239M

The firm has agreed to purchase a 272,000-square-foot building in the North Financial District.

Black Creek Group Kicks Off Fort Worth Project

The three-building industrial development will total 569,000 square feet and will be roughly 2 miles from the interchange of interstates 20 and 35-W.

A Noble Deal in Yale’s Backyard

The 135-key New Haven Hotel near Yale University has come under the ownership of Noble Investment Group.

Criterion Group Receives $28M Refi for Self Storage Project

The firm plans to develop a nine-story facility on a 51,426-square-foot site in Long Island City.

Cushman & Wakefield to Lease Fort Lauderdale Office Building

The 119,339-square-foot asset is part of Corporate Park at Cypress Creek in Uptown Business District.

Starwood Capital Enters UK Industrial Market With $260M Deal

The company has acquired a 10-property portfolio comprising 1.6 million square feet in urban areas like Oxford, Birmingham and Glasgow.