News

National Grid Awaits Approval of Revolution Wind Agreement

The project is more than 13 times the size of the 30-megawatt Block Island Wind Farm, the country’s first offshore wind farm.

The Fed’s Rate Hikes: Questions Remain Despite Short-Term Stability

Chairman Jerome Powell’s press conferences improve communications with the financial markets, but the Fed’s policy of flexibility raises uncertainties about future rate changes, writes Chris Nebenzahl, associate director of research for Yardi Matrix.

Radisson Opens New Park Inn Hotel in Brazil

The 171-key hotel is located near upscale neighborhoods and includes a Lucca restaurant and seven meeting rooms for up to 260 guests.

The Amazon-NYC Fallout: An Economists’ Roundtable

Perspectives from three experts on the real estate market impact, the economic consequences and the future of Amazon’s HQ2 plans.

Hines, 25hours to Develop Copenhagen Hotel

The global real estate firm and the European hotel operator announced they are building a 243-key boutique property in the heart of the Danish capital.

Northmarq Hires New Miami SVP

Michael Balan brings more than 20 years of experience to his new role, where he will be responsible for assisting local and national clients with the entire capital stack.

Construction Outlook Calls for Continued Momentum

Potential risks to the industry, including ongoing tariffs and rising costs, are expected to be offset by the generally strong U.S. economy in 2019, at least in the first half, JLL reports.

Osram TW System

Osram Unveils Digital Tunable White System

The company’s new lighting solution simulates the natural daylight cycle and is specifically designed for educational, office and health-care environments.

Jacksonville Warehouse Changes Hands

Coca-Cola Beverages Florida acquired the industrial asset for more than $3 million. The building, constructed in 1993, contains approximately 106,000 square feet.

3400 at CityLine

Transwestern Secures 187 KSF in Leases Near Dallas

AT&T, DXC Technology Co., Generational Equity and Common Desk drive leasing at a new recently completed office building in Richardson, Texas.