News
Somera Road Buys Kansas City Office Asset
Working on behalf of the buyer, HFF arranged a $60.2 million bridge loan for the purchase of City Center Square in downtown Kansas City.
Vornado Completes $168M Manhattan Office Refi
The newly constructed 170,000-square-foot property in the Meatpacking District had been fully preleased before completion. Aetna took the office space, while the property also features one of the world’s largest Starbucks.
Ivanhoé Cambridge, Oxford Properties Invest in IDI Logistics
The two Canadian pension funds formed a joint venture to share ownership of the Atlanta-based firm, a leading developer and manager of logistics real estate in the U.S.
Prologis Reports on Logistics’ Global Growth
A key takeaway: Rents posted considerable gains in 2018, increasing 8 percent in the U.S. and 6 percent worldwide.
First Dark Spots on the Global CRE Map
RICS Economist Tarrant Parsons comments on investor sentiment around the world and notes which markets are showing the first negative readings in the past two years in a new podcast hosted by Senior Writer Alexandra Pacurar.
EVs Roll Out of California With Real Estate Partnerships
More than 100 apartment communities, workplaces and hotels have signed on to provide Envoy Technologies’ electric vehicles as an on-site amenity.
Video: Mark Zandi Sizes Up the 2019 Economy
Straight talk from Moody’s Analytics’ chief economist on what to expect this year, the impact of the government shutdown and what he really thinks about Opportunity Zones.
Challenges Facing the New York City Retail Market
In an exclusive podcast interview, Lee & Associates’ Peter Braus talks about the proposed vacancy tax on landlords, the uses doing well right now and the changing nature of retail.
Gem Realty Capital Acquires FL Office Asset for $35M
IP Capital Partners was the seller of Wells Fargo Plaza, a two-building property offering 102,431 square feet in downtown Boca Raton.
Biotech Company to Locate HQ in Boston’s Seaport District
Akouos will occupy 37,500 square feet of lab space at 645 Summer St. CBRE worked on behalf of both the tenant and the landlord.