News
New Amazon Fulfillment Center Coming to Ohio
The e-commerce giant is building a 650,000-square-foot project in Euclid, expanding its presence in the state to five facilities, while adding another 1,000 full-time jobs.
Moody Closes National REITs Merger
Worth more than $450 million, the combined portfolio now includes 14 hotel properties with premier brands, most of which are located in Texas.
Transwestern Sells 164-Unit Texas Community
Parkdale Pindo sold the asset located in Beaumont, Texas to Winslow Asset Management. Pindo Pointe was recently renovated and did not sustain damage from Hurricane Harvey.
Employment Picture
The total number of employed people from August 2016 to August 2017 increased by 1.2 percent, or 1,772 people, while the total number of unemployed people decreased by 8.9 percent, or 709 people.
CMBS Delinquencies
With historic flooding from Hurricane Harvey to Harris County (Houston and its surrounding suburbs) we reviewed the S&P Global Delinquent exposure.
Colliers Brokers Two Indianapolis Industrial Deals
The two assets amass approximately 500,000 square feet of warehouse space and are leased by tenants such as Kroger, Mansfield King, Peltz Shoes and MaxLite.
Inland Empire Logistics Center Changes Hands
CP Logistics Fontana, represented by a team of brokers from Cushman & Wakefield, sold the new facility to an affiliate of Zurich North America.
Grocery-Anchored Retail Center Trades in San Antonio
Sterling Org. sold a 103,000-square-foot shopping center in San Antonio. Recently, the property underwent renovations that included updated building façades, signage, lighting and parking lot.
CIP Secures Oregon Boutique Hotel Sale
Joseph Kennedy of CIP secured the sale on behalf of the seller and the buyer. The pet-friendly hotel is in close proximity to the downtown historic district of Silverton, Ore.
GLRE Summit Report: Omnichannel Retailers Poised to Outperform Peers
Industry stalwarts discussed the need to rethink retail investment at EisnerAmper and iGlobal Forum’s Global Leaders in Real Estate Summit, dispelling myths about the rapidly changing sector.