News
Upbeat Retail Forecast for 2018 Holiday Season
The DBRS team looked at trends in the U.S. and Canada and found encouraging signs for retailers, as shoppers plan to spend dollars at brick-and-mortar locations.
Piedmont Expands Boston Portfolio With $74M Acquisition
The REIT also sold a Glendale, Calif.-based office property, sticking to its strategy of selling select non-core and mature assets at low yields and reinvesting proceeds into strategic markets.
Farinon Business Park Continues Expansion
Worth & Associates kicked off construction on the third phase of Farinon Business Park. The two-story office building will encompass nearly 85,000 square feet of rentable space.
Cushman & Wakefield Arranges Sale of NJ Office Complex
The two-building Ibis Plaza encompasses 119,000 square feet of collaborative spaces, office suites as well as an event venue in the Princeton Corridor.
Swift Real Estate Acquires San Francisco Office Building
The buyer funded the transaction with an acquisition and development loan from a private lender. The 1912-built historic property is almost fully leased.
Clarion Partners Completes $135M Seattle Office Purchase
Kilroy Realty sold the property seven years after acquiring it from HAL Real Estate for more than $100 million.
Opus Buys Target Campus in Minneapolis
The company plans to convert the asset into a multi-tenant office property and include additional amenities into the space by spring 2019.
Art Van Furniture Store Changes Hands in OH
The 91,388-square-foot store located in Toledo’s metropolitan area traded for $16.5 million. Stream Capital Partners represented the institutional seller.
Equinor Wins $135M Bid for Offshore Wind Lease
The energy firm submitted the winning bid for an offshore lease area in an auction by the U.S. Department of the Interior’s Bureau of Ocean Energy Management.
Brokers Predict Positive CRE Market in 2019
Participants in Transwestern’s new sentiment survey weigh in on what the New Year will bring for the office, medical office and industrial sectors.