News
Investor Interest Fuels Bay Area
Demand for office space is as strong as ever, prompting developers to roll out a steady stream of new product. The market’s total inventory encompasses 174 million square feet, with an additional 11 million square feet expected to come online by the end of 2017.
MOB REIT Gives Itself a Growth Spurt
In two separate deals, Physicians Realty Trust has agreed to acquire six medical office buildings for a total of $189.4 million.
Meridian Names Andrew Hoover as VP in SoCal
Andrew Hoover has 19 years of experience in health-care real estate. In his new role, he will be responsible for business development and asset management for the company’s medical industry clients.
JLL Brings Phoenix Center to Full Occupancy
The strip center known as Hurley Plaza is 100 percent leased, with four new businesses joining the tenant roster in a high-traffic area.
How CRE Fundraising Is Changing and Why
Real estate continues to be an attractive asset class to both domestic and foreign investors, but industry experts admit there is simply too much money chasing too few deals. Jason Burian, partner in CohnReznick’s Commercial Real Estate Industry practice, explains why this situation is driving significant changes in the fundraising environment.
Why You Should Invest in Smaller Markets
The latest National Association of Realtors quarterly commercial real estate forecast predicts strong leasing demand and investor interest in smaller markets compared to a stagnation in large markets. CRE expert Rod Santomassimo explains the reasons why.
TCN Worldwide Appoints Timothy Mitchell to Board
Mitchell brings more than 30 years of experience in the industry. Previously, he served as senior vice president at Harsch Investment Properties LLC for more than a decade.
NewMark Merrill Secures $62M Refi for CO Retail Asset
After a five-year redevelopment process, the shopping center opened and was more than 90 percent leased. The property is leased to approximately 40 retailers.
DLA Special Report: Real Estate Investment Remains Attractive
In an interview with Eastdil Secured CEO Roy March, keynote speaker William Ackman, CEO of Pershing Square Capital Management, offered attendees a glimpse into the thinking of a hedge fund manager.
Hilton Grows DC Presence With Iconic Building
Loews Madison Hotel, built in 1963, became The Madison Washington DC, a Hilton Hotel. The 365-key building is located among Washington’s most popular attractions.