News

Eleni Reed, Head of Sustainability, Lendlease

Lendlease and the Green Revolution

What does building for the future entail? The company’s Eleni Reed highlights its innovative energy solutions for maintaining value in new developments for the longer term.

How the Government Shutdown Impacts CRE

The longest shutdown in American history has delayed a public hearing on the Opportunity Zones program, but members of the industry still hold hope that things will start to look up.

Wesco Distribution Center

Distribution Center in OH Acquired in 1031 Exchange

The 33,197-square-foot property carries a cap rate of 7.93 percent, with more than four years of remaining lease term. Third Coast purchased the asset for $3.4 million.

Hampshire Cos. to Develop Self Storage in CT Opportunity Zone

This marks the company’s second Opportunity Zone investment. The 800-unit storage asset will be developed on a two-acre site located in New London, Conn.

Deadline Extended: RICS Global Commercial Property Monitor

Weigh in on commercial property occupier and investor sentiment in the U.S. market. Become part of this leading industry indicator.

(Left to right) Lindsay Stafford, Margot Bizon

JLL Carolinas Hire New VPs of Retail Services

Margot Bizon and Lindsay Stafford both worked at Katz & Associates prior to joining JLL’s retail brokerage team in the company’s Charlotte office.

YoSmart and LoRa Technology

YoSmart Integrates LoRa Technology in IoT Applications

With the two technologies, enterprise and commercial buildings can incorporate various IoT-connected devices under the same network. This makes monitoring easier, while also increasing energy efficiency.

Morton Commerce Center

JV Breaks Ground on CA Manufacturing Facility

Morton Commerce Center, formerly the site of Morton Salt in Newark, will comprise four buildings totaling more than 600,000 square feet.

CIM Group Acquires Seattle Office Asset for $151M

Pacific Eagle Holdings sold the historic Dexter Horton building in the downtown area. The 335,000-square-foot property underwent extensive renovations in 2002 and 2015.

LaSalle Investment Adds $1.2B Debt Fund Business

The global real estate investment manager acquired a majority stake in Latitude Management Real Estate Investors, naming the new debt platform LaSalle Mortgage Real Estate Investors.