News

Dual-Branded DC Hotel Achieves LEED Gold

The property, which features a 238-key Hyatt House and a 175-key Canopy by Hilton, has outperformed its original USGBC certification target.

Jerich USA Doubles LA Industrial Footprint

Cushman & Wakefield represented the company in extending its current warehouse lease and expanding into an adjacent 107,525-square-foot building.

Economy Watch: IMF Predicts More Growth in 2018, Less Next Year

Advanced economies, including the U.S., will continue to expand above their potential growth rates this year, the International Monetary Fund’s latest World Economic Outlook, which will likely support robust real estate markets in 2018.

Economy Watch Weekly: Retail Sales Enjoy Solid March

Total U.S. retail sales rebounded in March after two straight months of decline, the Census Bureau reported. Economy Editor Dees Stribling discusses the winning and losing retail categories, for the week ending April 20, 2018.

Rendering of 100 Performance Drive

Sitex Group’s 271 KSF Facility in NJ Finds Tenant

The newly completed facility is close to major thoroughfares, most notably Route 17 and interstates 87 and 287. NAI James E. Hanson arranged the long-term lease with a tools manufacturer.

First Hampton Inn by Hilton Opens in Roseburg, OR

The Hampton Inn by Hilton Roseburg is in close proximity to Interstate 5 and 80 miles from Mahlon Sweet Field Airport. The hotel offers a mix of guest rooms and studio suites.

Dermody Breaks Ground on Seattle-Area Industrial Park

Designed by Craft Architects, LogistiCenter at Woodinville will comprise two buildings totaling 409,500 square feet. Kidder Mathews is marketing the property on behalf of the developer.

Albertsons Trades 2 North TX Retail Properties

Dallas-based 356 Development purchased the assets, which include nearly 125,000 square feet combined. Venture Commercial represented the seller in this transaction.

Q&A: The Next Step in Self-Storage Development

Miami City Self Storage’s Jay Massirman provided insight on South Florida’s growing self-storage market and revealed the company’s focus for new developments.

Top Atlanta Submarkets for Construction Activity in 2017

Yardi Matrix assembled a list of the metro’s most dynamic submarkets in terms of office deliveries recorded in 2017.