News
Jamestown Buys Levi’s San Francisco HQ for $820M
The investor scooped up the nine-building, 931,160-square-foot asset from Gerson Bakar & Associates in one of the city’s biggest-ever office deals. Eastdil Secured arranged the sale.
Federal Reserve Cuts Rates for 1st Time Since Recession
The quarter-point decrease is an attempt to boost lagging growth. Will it help or harm commercial real estate?
Cities’ Clean-Energy Efforts Earn Mixed Report Card
Top cities for energy efficiency and greenhouse gas-reduction efforts, ranked by the American Council for an Energy-Efficient Economy.
Real Estate Gives Back: How Cummings’ Buildings Power Charities
How one Boston developer-owner quietly became one of America’s most impactful billionaire philanthropists.
Podcast: All Eyes on Slowing Growth Numbers
RICS Chief Economist Simon Rubinsohn on how U.S.-China trade talks are impacting global real estate markets.
Conveyco Introduces Autonomous Mobile Robot
The Stacker-Bot can replenish inventory to and from flow rack, shelves and workstations, and it can transport up to five cases or totes on a single trip.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Carr Properties Takes Majority Stake in 1 MSF Boston Project
After initially dividing ownership equally with National Real Estate Advisors, the company has increased its stake in the asset to 75 percent.
Industrial Vacancy to Stay Near Historic Lows
High demand, low supply and rising rents seen in the second quarter will likely persist through year’s end, according to Prologis.
Detroit Office Market: Opportunities Lie Ahead
Friedman Real Estate Director Ryan Denomme shares his views on the investment trends and possible risks in the automotive-centered market at this point in the economic cycle.