News
Campanelli, Clarion Break Ground on MA Industrial Project
The upcoming 427,500-square-foot development, comprising two buildings, will soon rise in the Boston submarket of Bellingham. Construction is expected to be complete by August 2018.
Economy Watch Weekly: Hurricanes’ Impact on US Job Market
Total employment was down in September, with the steepest decline in the food services and drinking places sector. Economy Editor Dees Stribling has the details on the latest jobs report, for the week ending Oct. 6, 2017.
Economy Watch: Nonresidential Project Planning Slows in September
While the Dodge Momentum Index has fallen for four consecutive months, that doesn’t necessarily indicate a turn in the building construction market, noted Dodge Data & Analytics.
Lennar HQ in Miami Trades for $40M
The Fortune 500 company developed the office complex between 1982 and 1993. The property has served as the firm’s headquarters ever since.
Mammoth Warehouse Opens in Nashville Suburb
Built by HSA Commercial Real Estate and Premier Design + Build Group, Commerce Farms V is a 652,000-square-foot flexible distribution facility located in Lebanon, Tenn.
Griffin-American REIT Acquires MOB Portfolio
The Fairfield County Medical Office Building Portfolio comprises two medical office buildings located in Stratford and Trumbull, Conn. Encompassing 80,000 square feet, the portfolio is 94.6 percent leased to 15 tenants.
H.I.G. Acquires 315 KSF Office in Brazil
The Urbanity Corporate Center is a Class A office building, part of a newly developed mixed-use complex in São Paulo.
Avison Young Hires New Principals
Meet commercial real estate finance specialists Wesley Boatwright, Jonathan Goldstein and Michael Yavinsky, the trio that brings more than 60 years of industry experience combined to the firm.
Mizrahi Begins Construction on Canada’s Tallest Tower
The One, a residential and retail project designed by Foster + Partners, will be an 85-story addition to Toronto’s skyline.
Caesars Unit Completes Spin-Off of Real Estate Business
The new VICI Properties entity debuts as an “experiential-asset focused” REIT and one of the nation’s largest owners of gaming, hospitality and entertainment destinations.