News
Broad-Based Employment Drives Demand in Tampa
Robust investor interest and broad employment gains are driving demand across asset classes, with population growth leading to higher multifamily occupancy rates and rents, Yardi Matrix data shows.
New 7MW Solar Farm to Serve Dillon County
The solar development is anticipated to provide power to 1,500 homes and is slated to begin commercial operation by the fourth quarter of 2017.
YgreneWorks Exceeds $600M in PACE Financing
YgreneWork’s PACE program has helped finance approximately 29,000 completed contracts, the equivalent of $639 million allocated for energy efficiency, renewable generation and water conservation improvements.
Dominion Energy Adds to Its VA Solar Portfolio
The company acquired Clarke County Solar, a 10-megawatt solar array, and plans to purchase the 20-megawatt Cherrydale facility, presently under construction in Northampton County, Va.
BMG to Consolidate Operations on Music Row
The music company will relocate from two existing Nashville offices to a planned office building that will rise on the site of the Country Music Association’s former headquarters.
Colliers International Secures 102 KSF Indianapolis Asset
The four and six buildings of the Corporate Center North feature a total of 101,727 square feet, leased 75 percent to Stericycle. The acquisition marks Tower Investments’ sixth purchase in Central Indiana.
Phoenix Self Storage Lands New Owner
The 128,240-square-foot facility offers value-add opportunities, adjacent to a thoroughfare that is part of Phoenix’s $84 million Avenida Rio Salado street improvement project.
Out-of-Favor Assets Offer Higher Yields
Retail and non-CBD office are among the properties offering opportunity for better returns to investors willing to expand their strategies. You just need to know how to unearth their full potential, notes Resource Income and Opportunity REIT Senior Vice President Martin Caverly.
Conor Commercial Completes New HQ for AMS Systems
The 145,200-square-foot building is part of the Union Pointe business park in Woodridge, Ill., and features a two-story, 31,000-square-foot corporate office component.
Darwin Realty Inks Illinois Warehouse Lease
The 103,987-square-foot facility is located in Elk Grove Village, Ill., and is leased by Marketplace Brands, a seasonal food gifts distributor.