News

The Talk of RECon 2019

A sampling of comments from the thousands of retail real estate professionals who attended ICSC’s annual spring convention in Las Vegas last week.

Hyatt to Open First Regency Hotel in Lisbon

Scheduled to open in 2020, the first Hyatt hotel in Portugal’s capital will offer 200 keys. The property will be situated near two UNESCO World Heritage venues.

WeWork Inks Downtown San Antonio Leases

The coworking company will occupy 75,000 square feet at the Kress and the Grant buildings. The assets are under renovation, which are anticipated to finish in October.

Transwestern Brokers Maryland Industrial Portfolio Sale

JU Holdings purchased the portfolio consisting of three one-story buildings and one four-story office property located near the Baltimore-Washington International Thurgood Marshall Airport.

Exeter Property Group Purchases Houston Industrial Park

The 245,860-square-foot Century Oaks Business Park is adjacent to a FedEx distribution center and comprises six buildings on a 19-acre site.

Pittsburgh Property Scores Sustainability Trifecta

An adaptive reuse project at Phipps Conservatory and Botanical Gardens in Schenley Park earned top ratings in three rigorous certification programs.

Grocery store interior. Image via Pixabay

Grocery Industry to Change Look of Retail Real Estate

In its new report, CBRE forecasts a transformation that will impact the size of grocery owners’ portfolios and the design of the stores themselves.

Presidential Tower. Image courtesy of NKF

Crystal City Office Tower Sells for $100M

Newmark Knight Frank represented Beacon Capital Partners in the disposition of Presidential Tower, a 349,303-square-foot building situated near the future home of Amazon HQ2.

Harrison Street Buys Pricey MA Office, Lab Complex

The three-building Osborn Triangle property in Cambridge is adjacent to MIT, fully leased and anchored by two powerhouse pharma companies and an incubator for life sciences and biotech startups.

What Makes Orlando Attractive to Coworking Providers

Novel Coworking’s Jessie Callahan shares the company’s plans in the market where it purchased a historic building in a central location. She also touches on her predictions for what’s ahead.