News
Fed Hikes Rates, Predicts a Strong-ish Economy Into 2020
The Federal Reserve increased its benchmark short-term interest rates, while also signaling that additional hikes are expected for this year.
Silicon Valley Build-to-Suit Office Project Lands $150M Loan
Broadreach Capital Partners’ property is fully leased to tech giant Google. HFF brokered the permanent funding from a major retirement fund.
Bright Realty Kicks Off $1.5B TX Mixed-Use Project
Phase I of The Realm at Castle Hills in Lewisville will bring a 235,000-square-foot office tower with 15,000 square feet of ground-level retail, plus a park and outdoor entertainment venue.
YAM Properties Acquires Arizona’s Westgate Entertainment District
In one of the state’s largest retail deals ever, iStar sold the 76-acre mixed-use center in Glendale for $133 million after six years of ownership and a major repositioning.
Wells Fargo Grants $103M Financing for Miami TOD
Florida East Coast Industries secured the construction loan for two buildings totaling more than 300,000 square feet, part of the MiamiCentral project.
Flexport Leases LA-Area Facility
Cushman & Wakefield arranged the transaction on behalf of the tenant for a newly developed industrial facility located in Compton, Calif.
Exeter Picks Up Atlanta-Area Warehouse
The previous owner, Suzuki Motor Corp., traded the industrial asset for $9 million. The building last changed hands in 1998.
Westwood Acquires Chicago Amazon-Anchored Store
The 2,800-square-foot retail space is located at the ground floor of a mixed-use building featuring three stories of luxury residential units.
2018 Realcomm Conference Coverage
At Realcomm’s 20th annual conference, real estate professionals convened in Las Vegas to trade strategies for staying ahead of the industry’s rapid, technology-driven evolution. Read our 2018 coverage below.
Charlotte Gets New Dual-Branded Hotel
Two Courtyard and Residence Inn properties combined and are now open for business just minutes from Northlake Mall and Lake Norman