News
CenterPoint Buys 224 KSF Industrial Asset in NJ
The company continues its buying spree in the state’s port-related submarkets, with the acquisition of a a fully leased warehouse and distribution facility in South Brunswick, N.J.
Apple Hospitality Expands Portfolio
The firm acquired two Hampton Inn & Suites by Hilton, one in Atlanta and one in Memphis, Tenn. for $63 million.
Kilroy to Add Energy Storage to 6 CA Assets
The company chose Stem Inc. to deploy 7.5 MWh of AI-driven energy storage to four of its office buildings in Los Angeles and two in San Francisco.
Stream Closes New Houston Office Lease
The Greater Houston Community Foundation signed a lease for nearly 20,000 square feet of Class A office space in the city’s Galleria submarket.
Elementia Relocates Houston Office
The company will leave behind its former office for a recently renovated space in Greenspoint. JLL represented the landlord in the deal.
Why Investors Impacted by Brexit Should Consider Cyprus
Natasa Pilides, director general of the Cyprus Investment Promotion Agency, spoke to Commercial Property Executive about the organization’s continued efforts to attract investors looking to remain in the E.U. single market.
Terrafina Renegotiates $300M Credit Facility
The new facility extends maturity and includes lower interest rates. Credit amount will be lower, although it could increase.
Economy Watch: Nonresidential Building Planning Slips in January
Despite a decrease in the Dodge Momentum Index for the month, the index is 7.7 percent higher than a year ago, suggesting nonresidential building construction should continue to post gains in 2018.
Secondary Markets Set to Dominate 2018 Industrial Landscape
The country’s industrial sector continues to improve and expand beyond the borders of traditional core markets, according to a new Colliers International report.
North America Construction Trends: RLB Reports
Taken together, the Rider Levett Bucknall Quarterly Construction Cost Report (QCR) and Crane Index provide an overall look at the state of the North American construction industry.