News
East Bay Office Asset Sells for $115M
CIM Group was the seller of the 10-story Class A building, which last traded more than a decade ago as part of a portfolio deal.
Lodging Market Headed for a Brief Slowdown
Hospitality demand is expected to drop in 2020 and 2021, mirroring a decline in economic growth, but numbers will go on the upswing again in 2022, according to a CBRE Hotels report.
Trammell Crow Breaks Ground on 3 SoCal Facilities
The company teamed up with Clarion Partners to develop the next phase of The Center at Needham Ranch, a Class A property in northern Los Angeles County totaling more than 400,000 square feet.
Cushman & Wakefield Arranges Sale of WPB Office Building
SF Partners sold a 43,433-square-foot property for $8.5 million. At the time of the sale, the asset was almost fully occupied.
Salt Lake City Retail Center Gets $97M Refi
Retail tenants at The Gateway, a 652,000-square-foot, mixed-use property in the city’s downtown, include Dave & Buster’s, Megaplex Theatres and Victoria’s Secret.
Fallon Co. Pre-Leases 125 KSF for Raleigh Tower
Pendo, a tech startup, will move its headquarters to the Class A office building, part of the Fallon Co.’s planned mixed-use development in downtown Raleigh.
Cushman & Wakefield Brokers 3 FL Office Leases
Gift of Life, The North West Co. and Jay @ Play will occupy a total of 36,539 square feet at Sabre Centre I in Boca Raton.
The Jenkins Organization Opens Houston Self Storage
The company has expanded its Texas portfolio with 850 self storage units located in East Houston, around 3 miles from the city’s downtown.
Terreno Realty Buys 2 Industrial Buildings for $48M
The company has added to its portfolio around 119,000 square feet of industrial space located in San Francisco’s Dogpatch submarket.
The June Digital Issue of CPE Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.