News
Why This Cycle Is Safer Than the Last One
Joel Stephens, head of Regions Bank’s real estate capital markets group, sheds light on the impact of rising interest rates and aggressive debt origination on financing opportunities.
Midyear Origination Volume Reaches Record High
Low long-term interest rates, growing property incomes and rising values continue to support new loan demand, with multifamily and industrial registering the strongest first-half 2018 activity.
Nearon Enterprises Enters Sacramento Industrial Market
Massie & Co. sold the roughly 518,000-square-foot portfolio for $34 million. The three buildings are fully leased to a long-term tenant.
Lexington Realty Sells Office Portfolio for $726M
The 3.8 million-square-foot collection of properties went to a joint venture in which the REIT owns a 20 percent interest.
BKM Capital Partners Buys San Diego Industrial Portfolio
Cushman & Wakefield brokered the sale of Otay Mesa Industrial, a six-property portfolio totaling more than 703,000 square feet across 14 buildings.
Peachtree Snags New Hotel in Charlottesville, VA
HREC Investment Advisors worked on behalf of Titan Hotel Group to arrange the sale of the newly constructed 117-key Fairfield Inn & Suites near the city’s historic downtown.
Harbour Group Inks 24 KSF Office Lease in St. Louis
The privately owned operating company will occupy the space at Pierre Laclede Center, which is part of the KBS Real Estate Investment Trust II portfolio.
CenterPoint Nabs 295 KSF Distribution Center in WA
Sears, Roebuck and Co., had owned the property since 1991. The asset is located within proximity of both Port of Tacoma and Port of Seattle.
Expeditors International Leases Large IL Facility
The property is located in the Chicago suburb of Streamwood and is close to completion, with Opus and USAA Real Estate as landlords.
NARE Expands Chicagoland Retail Portfolio
The company acquired Woodgrove Festival, a roughly 157,000-square-foot retail center in Woodridge., Ill. The asset is approximately 89 percent occupied.