News
DataBank Opens its 3rd Dallas Data Center
The 145,000-square-foot facility is connected via a private network to the company’s two other Dallas facilities, allowing tenants to access more than 100 carriers.
Self Storage Rents Still Down Year-Over-Year
Despite robust growth in western markets, street-rate rents dropped 3 percent nationally as of June 2018.
JLL Acquires Canadian Retail Advisory Firm
The purchase of Northwest Atlantic will allow the company to expand its current retail advisory business and provide a range of real estate and leasing services to retailers looking to operate or expand in the Canadian market.
Skanska, AECOM Hunt Tapped for Seattle Redevelopment
The estimated $700 million expansion will nearly double the Seattle Center Arena’s interior space to as much as 750,000 square feet. Construction is scheduled to start this fall.
Realcomm Marks 20-Year Milestone by Honoring 20 Industry Leaders
The group celebrated all aspects of the industry – real estate, technology or real estate technology including supply and demand sides – in its first ever Lifetime Achievement Awards ceremony at the recent Realcomm | IBcon conference.
Need to Breathe
As the economic cycle continues, we invite you to benefit from the content in this Mid-Year Update. And don’t forget to breathe.
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
Mission Success: Eric Mendelsohn Leads NHI’s Growth Strategy
Three years after unexpectedly assuming the healthcare REIT’s top job, the veteran executive runs a nationwide portfolio with a steady hand.
Georgia-Pacific to Build $150M Plant in GA
Construction of the 320,000-square-foot softwood lumber mill, which will be located in the Albany-Dougherty Industrial Park in Albany, is scheduled to commence by the end of 2018.
Industry Faces Shortening Runway in 2018
The U.S. economy is showing few signs of deceleration, creating a matrix of growth opportunities across markets and property types. But for all its strengths, the real estate industry still faces its fair share of headwinds, as the post-recession recovery borders on a decade.