News
Kidder Mathews Taps Inland Empire SVP
Dean Krieger brings more than 30 years of industry experience. In his new role, he will specialize in tenant representation throughout the Inland Empire and Orange County.
Boston Hotel Parking, Vacant Ground Floor Sell for $95M
Pebblebrook will use the proceeds for general business purposes, including reducing the company’s outstanding debt or repurchasing common shares.
New 75-Key Hotel Breaks Ground in East Austin
The $15 million, six-story hotel will begin commercial operation by the end of August 2018 and will include 26 cabana-type lodging rooms.
Economy Watch: Office Occupancy Rising Fast in Some U.S. Markets
Several major U.S. cities made CBRE’s top 20 list of the markets with the fastest-increasing office occupancy costs worldwide, including Houston, Midtown-South Manhattan, Denver, Chicago, among others.
NAI Hiffman Appoints Ted Staszak as SVP
During a 20-year career, the industrial property specialist has completed 500-plus transactions valued at $8 billion. He brings deep experience in major Midwestern markets to his new role.
NKF Brokers the Sale of 100 KSF Mixed-Use Property
The building is located in Woodridge, Ill., and offers a mix of office, research and warehouse space. It is partially occupied by Elevance Renewable Sciences Inc.
CRC Taps Commercial Management Pro
The company has appointed JD Brakefield as director of commercial property management. He holds almost two decades of industry experience, having served The Rappaport Cos., PREIT and Elysian Partners.
JLL Adds New VP to Its Smart Building Team
In his executive role, Yann Palmore will provide advisory services and will develop strategies to help clients implement data-driven solutions into their commercial real estate portfolios.
Workforce Trumps Location in Industrial Site Selection
Access to skilled employees has moved to the top of the list for manufacturing tenants looking for space, knocking the location factor out of first place, according to the latest CoreNet report.
West Coast’s Tallest Building Open for Business
Korean Air and Hanjin Group developed Wilshire Grand Center, a $1.1 billion skyscraper, which brings offices, a luxury hotel and convention space to downtown Los Angeles.