News
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Weingarten Sells Inland Empire Shopping Center for $89M
Lucescu Realty has arranged the sale of the 700,000-square-foot Jess Ranch Marketplace to a privately held investment company after having fielded inquiries from a diverse group of investors.
CRE Lending Picks Up Speed
A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.
Cambria Opens First Houston Hotel
The adaptive reuse project marks the company’s fifth outpost in Texas and will be followed by seven other locations scheduled to open across the country this summer.
What Renters Want From Self Storage Facilities
Is it just a low price? Or is location their top priority? Compass Self Storage President Todd Amsdell reveals his company’s strategies for finding the best investment opportunities.
ICP Continues Expansion in Cleveland Area
The company acquired the former Dillard’s store at Midway Mall in Elyria, Ohio, after previously purchasing the Sears building and Sears Auto Center, both part of the same retail property.
San Diego Office Building Sells for $11M
Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.
Amazon Adds to Renewable Energy Footprint
All told, Amazon has 66 renewable energy projects with a capacity to generate 1,342 megawatts.
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
Microsoft, First Solar Partner for Solar-Powered Data Centers
Sun Streams 2, a 150-megawatt solar plant will provide enough power to cover the energy load for new Arizona data center campuses under a 20-year power purchase agreement.