News
On the Market: 5 Interesting Listings for September
This month’s listings include a historic restaurant built in the 1950s in Utah and a three-unit multifamily project in North Hollywood, Calif.
Economy Watch: Most Metros Enjoyed Growth in ’16
The finance, insurance, real estate, rental and leasing industries contributed to GDP growth in 217 of the 382 metro areas recently examined by the Bureau of Economic Analysis.
NJ Lifestyle Center Lands $44M Refi
HFF’s debt placement team arranged the 10-year, fixed-rate loan through Principal Commercial Capital. The Grove at Shrewsbury features 35 high-end tenants.
JFK Airport Project Gets Liftoff With Engineering, Design Team
Mott MacDonald and Grimshaw Architects have been selected to lead the master planning, preliminary engineering and development process for a $10 billion redevelopment of New York’s JFK Airport.
San Diego: Steady Southern California
The metro is an established life science cluster and continues to attract both tech and science tenants. The office inventory encompasses more than 72 million square feet, with a relatively balanced distribution between Class A and Class B space.
Volvo Expands SC Plant Development by $520M
The car company’s additional investment in the 2.3 million-square-foot factory, currently under construction, will bring a new product line and an office building to suburban Charleston.
A Digital Frame With a Literal Twist
Unlike a traditional frame, Depict allows the display of artworks from its library or user-uploaded content in either landscape or portrait orientation, thanks to a swiveling wall mount.
InvenTrust Nabs 226 KSF Texas Retail Center
Located in the south Austin suburb, the center sits approximately 20 miles south of the Austin central business district. The property is anchored by H-E-B Plus and features nationally known tenants and is 98 percent leased.
Four Seasons Seychelles to Welcome Guests in 2018
The 108-key hotel offers studios, villas and bungalows, all situated on its own island. The resort is a 35-minute flight from Mahe, the main island of Seychelles.
International Trade Commission Puts Solar Growth in Trump’s Hands
A federal trade panel declared recently that surging imports of solar panels have hurt U.S. manufacturers. The ruling sets the opportunity for President Trump to issue tariffs.