News
CRE Investors Look Forward to Busy 2019 With Cautious Optimism
The latest survey on investor sentiment from NREI/Marcus & Millichap finds that investors expect an active year ahead but are taking a more conservative outlook.
TA Realty Pays $139M for LA County Office Tower
The subsidiary of The Rockefeller Group acquired the building in El Segundo, Calif., ahead of sole tenant Northrop Grumman’s lease expiry. VEREIT is the former owner of the 340,000-square-foot tower.
Bank of America Renews 545 KSF Lease at Boston Tower
Boston Properties inked a 15-year agreement at 100 Federal Street in the city’s financial district. The tenant’s contract was scheduled to expire in 2022.
Why Retail Is Not Going Through an Apocalypse, But a Reincarnation
In a new FTI Consulting podcast, Senior Managing Director Cynthia Nelson admits that although she’s been through several real estate cycles, there’s nothing quite like what’s happening in retail nowadays.
Cushman & Wakefield Expands Dallas Research Team
Ching-Ting Wang has established herself as an expert in the field of research. She will manage the companies’ research activities in the metro.
Coworking Opportunities: Spotlight on Chicago
Industrious Real Estate Manager Bryant Au points out how growing demand for coworking space might affect prominent commercial buildings and weighs in on the implications of non-compete clauses.
Howard Hughes Corp. Wraps Houston Build-to-Suit Development Deal
Alight Solutions will occupy the 180,000-square-foot, four-story building within the Research Forest technology corridor in The Woodlands under a long-term agreement.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
OakPoint Acquires Austin Office Asset
The firm purchased Westlake Place, a five-story property in southwest Austin, from Moore & Associates. HFF arranged acquisition financing on behalf of the buyer.
COPT to Build AL Campus for Aerospace Company
The four-building property at Redstone Gateway in Huntsville will house Yulista Holding, an Alaska-based defense contractor that intends to relocate its headquarters.