News
Breaking Down Brooklyn Retail: A New Manhattan?
The retail market in Brooklyn is bucking national trends, with prices and rents for retail properties on the rise as the borough experiences a population boom. But the surge in popularity comes with its challenges, notes GFI Realty Services President Michael Weiser.
Compass Offices Expands Co-Working Space in Singapore
Located in the heart of Singapore’s central business district, more than 660 workstations will occupy the 19th and 30th floors of Singapore Land Tower.
TierPoint to Develop 2nd Baltimore-Area Data Center
Located at the BWI Technology Park, the 35,000-square-foot project is slotted for completion in the spring of 2018.
Condor Hospitality Buys Marriott Hotel Portfolio for $39M
The company purchased the Fairfield Inn & Suites El Paso Airport and the Residence Inn Austin Airport. The acquisition of a third Marriott hotel is expected to close in the first quarter of 2018.
World’s Coolest Data Center Coming to Norway
Kolos, a company with offices in the U.S. and Europe, has set its sights on Ballangen, a Norwegian town north of the Arctic Circle, as the location for its hyper-scale project.
LR Health & Beauty Selects Germany for Production Plant
The company is adding a cutting-edge manufacturing facility to its home base in Ahlen to accommodate the development of aloe vera products.
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
Skanska Tops Out DC Office Development
99M will consist of nearly 220,000 square feet of office space, and about 11,000 square feet of retail and restaurant space on the ground floor.
CBRE Expands Atlanta Team With Senior Associate
Ryan Reethof becomes the newest broker at CBRE’s Office Capital Markets team in Atlanta. He started his career at the company five years ago.
The September digital issue of CPE is now available!
The September issue focuses on Capital Markets, with features on the capital stack and non-traded REITS. Our economist Hugh Kelly’s column discusses how an immigration plan might damage CRE. And don’t miss our latest Mission: Success, a profile of Tom McGuinness, the innovative CEO at InvenTrust.