News
European Hotel Investment Volume Still Riding High
For the 12-month period ending in the first quarter of 2019, lodging transactions totaled €23 billion ($25.7 billion), with trades in the U.K., Spain and Germany accounting for the bulk of the activity.
Unlocking Value Through Facility Management
ABM Industries CEO Scott Salmirs sheds light on trends in facility management strategies and discusses best practices for improving asset performance.
Newmark Knight Frank Chosen to Lease DC Office
GreenOak Real Estate owns a 309,000-square-foot Class A property near Dupont Circle. The company purchased the asset from The Carlyle Group for $174.5 million last year.
Keystone Arranges $36M for San Diego County Flex Buildings
The four buildings add to buyer RAF Pacifica Group’s portfolio. Almost all purchases were renovated within the past two years and are fully occupied.
Rexford Industrial Spends $30M on 2 LA Assets
The REIT acquired two properties within prime infill submarkets. Both buildings were fully leased at the time of the deal.
Axiom Capital Management Buys Houston Office Asset
The 60,000-square-foot asset changed hands for the first time in almost two decades. The new owner intends to renovate the property.
Cushman & Wakefield Negotiates 192 KSF Lease Renewal in Miami
Executive Director Wayne Ramoski and Managing Principal Gian Rodriguez worked on behalf of the tenant, which will continue to occupy Terreno Realty Corp.’s entire industrial building.
Continental Realty Acquires FL Value-Add Retail Asset
The Planet Fitness-anchored, 87,250-square-foot shopping center in Hernando County had only 23,000 square feet of space available for lease at the time of sale.
Enel Green Power’s 1st Zambia PV Project Begins Operation
The 34-megawatt solar facility, located in southern Zambia, will sell its energy to the country’s state-owned utility ZESCO through a 25-year PPA.
IKEA Greenwich Scores Outstanding BREEAM Rating
The retail asset is the 22nd full-sized IKEA store to open in the U.K. and was designed and built to reach this rating.