News
CommercialCafe Report: What to Do With Vacant Land in Major CBDs?
Covering the central business districts of 25 U.S. metros, the study proposes solutions through the voices of citizens in said areas. How much land? Try 442 football fields worth of infill space.
CRE News from the NAREE Conference
Speakers at the 2018 National Association of Real Estate Editors Journalism Conference, which took place on June 13-16 in Las Vegas offered forecasts, analysis and personal experiences, spanning the major property sectors.
Cushman & Wakefield Research Head Offers Forecast for 2020
What’s in store for commercial real estate—slowdown, recession or neither? Revathi Greenwood presents the outlook at NAREE’s national conference in Las Vegas.
Economy Watch: US Expansion Showing Its Age, Wells Fargo Reports
The U.S. economic expansion, now the second-longest ever, is looking a little long in the tooth, but REIT fundamentals are still strong.
Ground Breaks on 1.4 MSF Chicago Office Tower
Howard Hughes Corp. and Riverside Investment & Development Co. have already signed Bank of America to a 500,000-square-foot lease at 110 North Wacker, scheduled for delivery in the fourth quarter of 2020.
Phoenix Investors Acquires PA Mixed-Use Asset
The 402,000-square-foot property in Athens is the former Ingersoll Rand manufacturing plant. The facility will undergo extensive renovations to become a Class A modernized property.
AD1 Global Purchases Myrtle Beach Hotel
Hunter Hotel Advisors represented the seller, Vista Hospitality Group, in the disposition of Courtyard by Marriott Myrtle Beach Barefoot Landing, located within the Barefoot Landing mixed-use development.
NoVa Mixed-Use Changes Hands
Westport Capital and Galaxy Investments teamed up on the purchase of Tavern Square and revealed plans to revitalize the 50-year-old building in Old Town Alexandria.
Encore Development Group Nabs MI Office Space
Founder Jason Hamama plans to redevelop the Troy asset and lease the full ground floor to a food retailer. The new tenant will join Japanese restaurant Benihana in the building.
Boston-Area Arsenal Yards Development Receives $109M
The project will bring more than 1 million square feet of mixed-use space to Watertown, Mass. The first phase is currently underway, with completion slated for 2019.