News
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
Self Storage Rents Still Down Across the US
Despite significant rent growth in the West, street-rate rents declined 1.7 percent on a national level. Additionally, the new development pipeline continued to decrease.
European Hotel Investment Hits Record Levels
Multiple cities are attracting robust capital flows to their hospitality sectors, CBRE reports. Of note, buyers from outside the continent are expanding their footprint.
W.P. Carey Invests $75M in Food Production Facility
Cambridge Holdings will develop a 290,000-square-foot, build-to-suit property for Cuisine Solutions in San Antonio, scheduled for delivery in 2020.
New Class A Office Project Coming to East Austin
Bart Whatley with Delineate Studios designed the project. Ben Tolson, Bethany Perez and Seth Stuart with AQUILA Commercial will handle the leasing process for the property.
ILPT to Acquire Industrial Portfolios for $905M
The logistics REIT inked two separate agreements that will ultimately increase its national footprint by a total of 12.9 million square feet.
CBRE Makes Promotions at Columbus Office
The firm named Rick Trott, Kevin McGrath and Jeff Carey senior vice presidents. They cover sectors such as office, industrial, leasing and development.
3 Questions with Altus Group’s Ross Litkenhous
The global head of business development talks proptech innovation, emerging technologies that will have the most impact on CRE and how disintermediation could shake up the industry.
SoCal Industrial Facility Changes Hands
Ironwood Partners traded the recently completed, 120,756-square-foot food-grade warehouse for nearly $16 million. The new owner fully occupies the property.
Opportunity Zones Program Takes a Step Forward
Recent IRS hearings aimed to clarify the new vehicle, which holds significant potential for investment in low-income communities across the U.S.