News

What’s in Store for the Big-Box Market?

Acquisition yields held steady at 5.7 percent last year, with many of the core regions posting cap rates at or near 5 percent, according to the latest Colliers International outlook.

Austin FC Stadium Reveals Its Development Team

Austin Commercial, Gensler and CAA ICON join forces to deliver the 20,500-seat, $240 million soccer park and stadium in time for the 2021 Major League Soccer season.

Taurus Sells Travesia Corporate Park for $41M

The mixed-use office park consists of three buildings of 46,200, 62,250 and 68,171 square feet, including 10,000 square feet of laboratory space.

Patrich Jett, Senior Vice President, Colliers International

Detroit Gets in Gear As Tech Drives Auto Sector

Colliers International Senior Vice President Patrich Jett shares his views on the operational needs and real estate considerations of the automotive industry, as well as Detroit’s position in the sector.

Morningstar CMBS Outlook Suggests Soft-ish Landing

The ratings agency’s latest quarterly report cites multiple reasons why a CRE crash like the Great Recession’s does not seem to be in the cards.

Amazon to Grow Austin Tech Hub

The company will add 800 new tech jobs, which will require the expansion into a new 145,000-square-foot office in The Domain 10, a development slated for completion by 2020.

WeWork Opens 5th Denver Location

The coworking space provider will occupy the entire Junction 23, a recently redeveloped 86,127-square-foot creative office building in the city’s River North District.

AvalonBay Buys Denver-Area Community for $91M

The multifamily REIT has purchased the Ridge at Wheatlands for $270,000 per unit, marking the highest unit price achieved in the submarket of Aurora.

Image courtesy of Hudson Yards

CPE’s Top 5 Posts in March

Miss out on any CPE stories? Here are five of our most popular articles for the month.

McWhinney Lands $170M Loan for Orange County Water Park

The company relied on Berkadia to secure the financing for Great Wolf Lodge, a 603-key, 105,000-square-foot indoor entertainment resort in Garden Grove, Calif.