News
Coworking Offerings Multiply in San Diego
Cushman & Wakefield’s latest study for the San Diego market finds that there are 1.5 million square feet of coworking spaces across 107 locations and more facilities are underway.
Credit Suisse Acquires Austin Office Tower
A partnership of TIER REIT, Invesco and Cielo sold the Class AA asset located in the downtown area. The 29-story property came online earlier this year.
Q&A: How Walkable Urbanism Is Changing CRE
Millennials and Gen-Zers choose walking or riding over driving, and the industry is responding, says developer and professor Christopher Leinberger, who is about to release a new report.
PA Self Storage Asset Trades for $13M
Cushman & Wakefield represented the seller, Vertical Fields, in the disposition of an 82,116-square-foot asset in Clifton Heights. CubeSmart was tapped to manage the facility.
Meridian Welcomes Largest Tenant at Cotton Medical Center
Colliers International worked on behalf of the new tenant, private healthcare provider WelbeHealth, in signing a lease to occupy 14,200 square feet at the property.
CBRE Selected to Lease 6.3 MSF Chicago-Area Industrial Park
Formerly known as RidgePort Logistics Center, the buildings are located on 2,500 acres within 50 miles of central Chicago. The owner plans to greatly expand the park.
Prime Silicon Beach Office Building Recapitalized
Olive Hill Group has partnered with Artemis Real Estate Partners on a roughly 113,000-square-foot creative office asset in downtown Santa Monica, Calif.
Armada Hoffler to Buy Baltimore Asset for $101M
The REIT will acquire Thames Street Wharf, a trophy office tower along the waterfront in the city’s popular Harbor Point development, from KBS.
HBC Plans $1.5B Sale of German Retail Holdings to JV Partner
The deal comes as HBC and other shareholders, including WeWork Property Advisors, offered a plan to take the Canadian-based retail company private.
Best of NeoCon 2019: Products on Parade in Chicago
The 51st edition of the leading commercial design industry event boasts more than 500 brands across nearly 1 million square feet of exhibition space.