News
Economy Watch: Service-Sector Activity Slows a Bit, But Still Robust
The IHS Markit Business Activity Index was down a bit in November, IHS Market Ltd. recently reported, but the overall rate of economic growth is still strong.
Behind NJ’s $2.5B Riverton Redevelopment
North American Properties plans to transform a 418-acre brownfield site on the Raritan River in Sayreville, N.J., into the state’s “next great hometown.” The firm’s Managing Partner Mark Toro discusses what to expect from the project and how it will impact the community.
Cypress Equities Expands Property Management Portfolio
The 52-acre, 1.3 million-square-foot Bayshore Town Center is located in a suburb of Milwaukee and features retail, office and residential space.
EPP Invests $818M in Polish Shopping Center Portfolio
The M1 portfolio encompasses 12 retail assets totaling 4.8 million square feet across 620 stores. The properties are all single level, fully-leased and grocery-anchored.
Griffin Capital Acquires $130M SC Office Campus
The company purchased LPL Financial Carolinas Corporate Campus, located in Fort Mill. This property is one of LPL’s major national offices and the largest by headcount and square footage.
A Decade Since the Recession: How Retail Recovered
The market crash of 2007 and 2008, accompanied by the rise of e-commerce, has forced the retail sector to transform. Colliers International’s Katy Welsh weighs in on how retail owners have adapted their strategies and properties over the past decade.
Inland Empire’s Road to Recovery
Office leasing activity was solid in all submarkets, with nearly 1.5 million square feet leased across the metro. Roughly 200,000 square feet of space is scheduled to come online by year-end.
Brookfield Pays $875M for Houston Center
With the assistance of HFF, J.P. Morgan Asset Management sold the 4.2 million-square-foot office and retail complex in downtown Houston, in one of the cities largest-ever office transactions.
Germany’s First Rosewood Hotel to Open by 2023
The Rosewood Munich will open in two historic buildings and will offer guests a full-service spa and easy access to public transportation and tourist attractions.
First NNN Technology Trading Platform Debuts
Brokers + Engineers will launch with two products, one offering predictive pricing and a second providing 1031 advisory to exchangers, leveraging artificial intelligence, as it takes aim at the estimated $6.5 trillion net lease market.