News
CREG Grabs 259 Acres in MD for Large Industrial Spec
The company will partner with EverWest Real Estate Partners on phase one of construction, which will consist of a 500,000-square-foot speculative warehouse.
Trinity, Oaktree Form $3B Hotel JV
The partners will focus on high-quality, value-add hotels in a handful of markets around the world, including Hawaii, California, Mexico and Japan.
Economy Watch: U.S. Suburban Office Markets Rebounding
Walkable, transit-oriented and amenity-rich office spaces in suburban markets are becoming increasingly in-demand by tenants, according to Avison Young’s mid-year office report. Landlords are responding by retrofitting and updating their properties.
Automated Online Marketing Tool for CRE Technophobes
needls., which calls itself “the first robo-agency,” displays relevant ads to a targeted audience, helps users create a promotional website, develops comprehensible analytics reports and curates content on a company’s Facebook page.
Bentall Kennedy Enters Portland MOB Market
The Class A asset includes space for medical offices, day surgery, on-site diagnostic imaging and laboratories, as well as 3,000 square feet of retail.
Keystone Secures $60M for OC Retail
One of Keystone’s correspondent insurance companies sourced the 15-year, fixed-rate loan for the 295,000-square-foot shopping center in Laguna Niguel, Calif.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Coldwell Banker Residential Brokers Relocates Arlington HQ
Coldwell Banker Residential Brokerage NRT will move from its current location this November, taking up 5,000 square feet of office space just off of Interstate 20.
Olshan Properties Unveils $27M Hilton Columbus Revamp
The company invested in the interior redesign and amenity enhancement of the 345-key Hilton Columbus at Easton. The hotel also added 9,000 square feet of meeting and event space.
Economy Watch Weekly: Consumers Go Shopping in July
Economy Editor Dees Stribling discusses the surprising boost in retail sales for the month, and which categories fared better than others.