News
C&W Brokers Sale of Former Ukrop’s in VA
The 63,000-square-foot former grocery store, located in a major retail area of western Fredericksburg, Va., traded for more than $2 million.
Hyatt Place Lands in Germany
The Frankfurt Airport hotel joins the flag’s five other locations across Europe, which include two London-area properties, two in Armenia and one in Holland.
LIC Warehouse Lands $23M Financing
Circle F Capital will use the loan to redevelop the former manufacturing facility into residential apartments, retail space, storage units and parking.
Economy Watch: CRE Prices Edge Down in December
The Ten-X Commercial Real Estate Nowcast posted its eight consecutive month of contraction, with pricing just 1 percent higher than a year ago.
Maxus Realty Snags Large Portion of Frisco Square
CBRE negotiated the sale of three office buildings, two multifamily properties, the Cinemark Theatre and additional land at Frisco Square.
Thompson Hotel and Condos Nearing Groundbreaking
The 20-level mixed-use tower is slated for completion in 2019. So far, about 40 percent of the condo units have already been sold since the opening of the sales gallery.
Penwood Expands PA Industrial Footprint
The new owner will bring multiple improvements to the two-building property in order to attract future tenants. Currently, the asset is fully occupied.
JLL Income Property Trust Buys 340 KSF Facility
The single-tenant building is located in Buford, Ga., a region that boasts an extensive transportation infrastructure and a skilled labor pool.
Blue Vista JV Snags Phoenix Office Campus
The joint venture between Everest Holdings and Blue Vista Capital Management acquired the two-building asset completed in 2001 for $23.6 million.
10 Most Active Warehouse Construction Markets
Industrial land prices have risen sharply in the past year, in response to demand for e-commerce fulfillment centers, according to a CBRE report.