News

GZA: Testing the Waters for Offshore Wind Farms

The offshore sampling is one of the first phases of what will be a five-month review by Deepwater Wind off its offshore leased property.

1500 E. Baseline Road, Phoenix

Self-Storage REITs to Merge in $340M Deal

Strategic Storage Trust II will pay holders of Strategic Storage Growth Trust stock a total of $12 per share in cash.

Randy Blankstein, president of The Boulder Group

Cap Rates Rise for Net Lease Retail, Office; Down for Industrial

The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.

MODA Tower

Portland Office Tower Changes Hands

American Realty Advisors and Unico Properties have teamed up to acquire MODA Tower, a 24-story building at 601 SW 2nd Ave. in the city’s downtown.

Karl Thompson and Max Garbus, CREModels

Why Sellers Should Run Due Diligence, Too

While still relatively rare, the practice can reduce the property’s time on the market, lower the risk of re-trades and improve the return.

Gary Bechtel, president, Money360

Navigating the Packed Alternative Lending Environment

Money360 President Gary Bechtel outlines the main aspects to consider when scouting for a non-bank lender and shares his predictions for 2019.

Goldman Sachs Sells CA Mall for $22M

A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 acres.

Avison Young to Lease 281 KSF Office Space in Fort Lauderdale

A global real estate investment company has tapped Avison Young to lease the mixed-use 21-story tower. The property is currently 81 percent occupied.

DC Office Building Commands $157M

The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.

Historic Dallas High School Scores LEED Gold Certification

Merriman Anderson/Architects acted as the design architect, historic architect and architect of record for the building shell and interior restoration, including the LEED certification process.