News
Coldwell Banker Debuts New Dallas Office
Coldwell Banker Residential Brokerage hired Gaynelle Henger to manage the newest location of its recently rebranded Global Luxury program.
Bel Furniture to Open New Facility Near Houston
The two-building speculative project totals 415,296 square feet and will serve the company’s expanding customer base. The property comprises a 74,793-square-foot showroom and a 340,503-square-foot distribution center.
CBRE Completes Sale of Solana Beach Retail Center
The 54,973-square-foot coastal retail center changed hands for 33.3 million. Tenants include California Pizza Kitchen, Alfonso’s of La Jolla and Banfield Pet Hospital.
Whitestone to Expand its Texas Portfolio
The company started acquisition procedures for two retail centers in McKinney and Houston, as it plans to expand both properties.
JV Acquires Stake in Houston’s Greenway Portfolio
The portfolio comprises 11 office assets totaling five million square feet across 54 acres. This transaction brings the Greenway Portfolio to $1 billion.
One Vanderbilt Reaches Construction Milestones
Designed by Kohn Pedersen Fox Associates, the tower will encompass an entire city block, bounded by Madison and Vanderbilt avenues to the west and east, and East 43rd and East 42nd streets to the north and south.
Normandy, NTT Urban Form Strategic Partnership
This move guarantees both firms investment activity growth in the office and mixed-use sectors in various urban and transit-oriented areas in core markets, including New York and D.C.
Optimism Improves Among CRE Execs, Despite Uncertainties
About 64 percent of real estate executives interviewed after the election say the Trump administration’s agenda will have a moderately or significantly positive effect on the industry.
Economy Watch: Architects Busier in March, to be More Active 2018
Architecture firm billings increased in March, according to the AIA’s latest Architecture Billings Index, indicating that design and construction activity should pick up later this year and in 2018.
Meridian Secures $14M in Financing for Reno Retail Asset
The three-year loan will be used for the acquisition of Paradise Plaza, a Kmart- and Walgreens-anchored shopping center. The center’s trade area is expanding as a result of an increasing presence of manufacturing, technology and logistics companies.