News
NAI Partners Arranges Sale of 57 KSF Houston Industrial Asset
Located at 12550 N. Houston Rosslyn Road in the city’s Burlington North Industrial District, the Class-E engineering property features four 20-ton cranes and three overhead doors.
Erewhon Market: An Organic Approach to Retail
Erewhon’s Jason Widener and Joyce De Brevannes, together with Slated Projects CEO Yuval Chiprut, spoke with CPE about the retailer’s Millennials-focused approach and other efforts that make it competitive in today’s market.
Baum Launches New Division, Hires Chicago Managing Director
Ari Topper will lead the Chicago-based company’s office and industrial division, while Associate Tyler Dechter will provide landlord representation services.
Blackstone to Buy Gramercy Property Trust for $7.6B
The transaction will add more than 80 million square feet of high-quality industrial properties to the private equity giant’s holdings.
JLL Hires New SVP in Austin
Ace Schlameus will be responsible for providing solutions for capital decisions, while also addressing inefficiencies and assist with setting rental rates.
HqO Presents New Mobile App
The company introduced its platform at Jamestown’s Innovation and Design building in Boston. HqO’s mobile app offers tenants access to utilities, including visitor registration and parking.
Viking Expands in the Midwest
The company purchased Market at Morse in Ohio and Timbercrest at Lakeville in Minnesota. Both shopping centers have leasable space available.
How Does Labor Shortage Impact CRE?
As of January, there were 6.3 million unfilled jobs in the U.S., up 16 percent from 2017. In its report Where Are All the Workers?, JLL notes unfilled positions can lead to lower rents and increasing vacancy across property types.
Del Frisco’s Expands With $325M Acquisition
The steakhouse restaurant chain has agreed to purchase the Barteca Restaurant Group, which consists of 31 locations operating across 10 states and Washington, D.C.
SL Green Inks Full-Building Lease in Manhattan
In a deal brokered by RKF and JLL, beauty conglomerate Coty Inc. will occupy more than 10,000 square feet of retail space in the firm’s latest Times Square development.