News
Coworking’s Rapid Growth Set to Be Tested
The industry is evolving, with new business models emerging, such as property owners creating their own shared space studios, according to Yardi Matrix’s Paul Fiorilla.
McDonald’s Signs VPPAs for 380MW of Wind, Solar
Combined, these first two VPPAs will meet the electricity needs of more than 2,500 restaurants.
ENGIE’s Largest Solar Project Breaks Ground in Texas
Long Draw will consist of more than 800,000 solar panels with 204 Greenpower inverters and is anticipated to come online in the summer of 2020.
SoCal Investor Expands Footprint With 224 KSF Buy
The seller worked with Avison Young to arrange two noteworthy leases before the sale.
Tempe Warehouse Changes Ownership After 40 Years
DAUM Commercial brokered the sale of a 48,000-square-foot asset in Arizona that includes both industrial and retail space.
Elliott Bay Capital Trust Sells Dialysis Portfolio for $143M
A REIT has acquired the collection of 50 health-care properties across 22 states.
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Newly Built Retail Property Sells in California
The asset, occupied by two tenants, was acquired by a local private investor for $8.8 million.
Rockefeller Group JV Wraps $60M Sale of New Jersey Asset
SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.
Four-Building Industrial Park in Phoenix Gets New Owner
The 222,396-square-foot Seventy5 Business Park, which is 90 percent leased, was sold for $22.4 million.