News

What’s Next for Logistics Property?

A new Prologis report examines how anticipated changes in the components of supply chain costs could impact the sector.

Thor Equities Buys First Boston-Area Asset

The company is continuing its expansion in the Northeast. Norwood Medical Center offers 92,000 square feet of medical office space across three stories.

Holiday Inn to Open 2nd Saigon Hotel

The 300-key property will offer quick access to Tan Son Nhat Airport and is also set to include retail and lifestyle venues.

NKF Capital Markets Secures Loan for Large Self-Storage Deal

The 22 facilities total more than 1 million square feet and are located in nine metros in Florida, Oklahoma and Texas.

Homewood Suites by Hilton Edina Minneapolis

Homewood Suites Opens at Southdale Center

Simon—the owner and operator of the regional mall and mixed-use complex in Edina, Minn.—developed the 146-key all-suite hotel in a joint venture with Noble Investment Group.

700 Horizon

Mack-Cali Sells 215 KSF Office Assets in NJ

The firm sold the last two buildings on the Horizon Center campus, having sold four properties earlier this year. NKF Capital Markets arranged both deals.

National Storage Affiliates Acquires KS Facility

The firm added 409 units to its portfolio. The property is located in Wichita, Kan., some 6 miles from downtown.

Crossborder Capital Flows in US Real Estate Markets

Chris Nebenzahl of Yardi Matrix offers an analysis of what’s driving increased competition for deals among offshore capital providers.

Why Private Equity Likes Sale-Leasebacks

Industrial assets are particularly ripe for this type of transaction, having accounted for more than half of deal volume in the first half of 2018, up from 35 percent in 2017, noted Krupa Shah, senior vice president of JLL’s capital markets group.

Ken Riggs, president of Situs RERC

Economic Expansion: More Room to Run?

Ken Riggs, president of Situs RERC, believes that, despite its near-record length, the recovery seems far from over, and contends that key indicators point to further growth ahead.