News
CPE Announces the Distinguished Achievement Award Winners
Commercial Property Executive and Multi-Housing News hosted an event on Oct. 25th to announce the winners of the 2018 CPE Distinguished Achievement Awards and MHN Excellence Awards. To find out more, see our complete coverage of this year’s awards program.
MP Boston Begins Construction on $1.4B Mixed-Use Tower
The company broke ground on Winthrop Center, a next-generation development that will bring office space, residential units, retail, dining and commercial space to downtown Boston.
Global CRE Allocations Rise, But Still Lag Targets
The latest annual survey by Hodes Weill & Associates and Cornell University examines how the world’s major institutional investors allocate investments to commercial real estate, we well as their sentiment toward the asset class.
E.ON, GE Partner to Repower West Texas Wind Project
The process is expected to result in increased earnings, reliability and efficiency for a total of 172 wind turbine generators.
Liberty Investment Properties Breaks Ground on FL Storage Asset
The 90,000-square-foot facility will be located in Jacksonville’s San Marco district near major thoroughfares such as Interstate 95 and Freeway 10.
JLL Spark Invests in AI-Powered Workspace Optimization
The proptech division of commercial real estate services firm JLL spearheaded a $1.5 million funding round for the VergeSense sensing platform.
Shorenstein Buys San Diego Office Towers
Sorrento Towers North & South comprise 565,000 square feet across four buildings. Cushman & Wakefield advised the new owner on the transaction.
Top 10 Office Buildings With Highest Vacancies in the Twin Cities
Large corporate tenants have left behind considerable blocks of vacant space in the suburbs and relocated closer to the downtown areas, while landlords were upgrading undesirable buildings within city limits in order to attract and accommodate tenant needs.
IN PHOTOS: The 2018 CPE/MHN Awards Party
The CPE-MHN Awards event drew real estate professionals from around the country to celebrate the 2018 CPE Distinguished Achievement Awards, which recognized the industry’s top deals, projects and strategies.
Jacksonville Office and Industrial Complex Changes Hands
Savlan Capital paid $18.3 million for the asset, which contains nearly 195,000 square feet of flexible office and light industrial space across five buildings.