News
Economy Watch Weekly: What’s Ahead for CRE in 2018
CBRE’s 2018 outlook for the economy and commercial real estate remains largely positive, with some caveats. Economy Editor Dees Stribling discusses the firm’s latest market report, for the week ending Jan. 26, 2018.
Hutton Sells $186M National Retail Portfolio
From the proceeds of the sale, the company will invest in assets totaling more than $350 million of project costs throughout the year.
C&W Tapped for Rolls-Royce Global Expansion
The partnership began in the U.S. in 2012, expanded into Europe in 2013 and now has further extended into Asia-Pacific and South America.
Hilton to Expand Curio, Tapestry Brands
With an aggregate 75 new hotels in the works, the two collections are set to expand their presence around the world.
Coworking Expansion in NC Shows Sector’s Growth
Office Evolution’s opening of the Greensboro location—its second in the state—illustrates how coworking is both growing nationwide and expanding into smaller metros.
U Delaware to Become Home of Discovery Hub
The project team consists of architects L2 Partridge, site engineers Tetra Tech, mechanical/electrical engineers RDK and structural engineers O’Donnell & Naccarato.
CBRE Arranges Sale of H-E-B-Anchored Retail Center
The property was nearly 96 percent leased at the time of the deal. The mix of tenants includes several national retailers such as Pet Supplies Plus, Anytime Fitness and Twin Liquors.
Rexford Nabs $11M Inland Empire Industrial Asset
The company partially funded its acquisition with the sale of a six-building industrial park located in the area for approximately the same price.
NKF Facilitates Boston-Area Office Deal
The company arranged the sale of a 104,000-square-foot Woburn property. The asset is part of a corporate hub located on the northern edge of the Greater Boston area.
Marcus & Millichap Taps New Retail SVP
Scott Holmes will be responsible for directing the firm’s retail business strategy nationwide. With more than 25 years of experience, he closed some $6 billion in commercial real estate transactions.