News

JLL Appoints EMEA Corporate Solutions CEO

Neil Murray previously served as Sodexo’s CEO of corporate services & region chair for the U.K. and Ireland.

Lincoln Property Co. Expands Phoenix Office Portfolio

The company has purchased a Class A office building for $24.7 million.

Emerging Property Types Garner More NOI Growth

A new wave of focused REITs is outpacing the slowing growth of the larger sectors.

Charlotte-Area Shopping Center Gets New Owner

Unison Realty Partners acquired Mooresville Festival, a property anchored by Kohl’s and Big Lots, for $10 million.

BKM Adds 227 KSF to Phoenix Portfolio

The company has purchased Northwest Business Center for $17.2 million.

Transwestern Secures $28M for Boston Industrial Park

The 654,050-square-foot, Class A industrial space is currently 82 percent leased.

Phoenix Resorts Trade for $97M

DiamondRock Hospitality has acquired two resorts totaling 158 guestrooms in Sedona, Ariz.

Albany-Area Retail Center Trades for $15M

The new owner plans to invest more than $21 million in renovations.

Canvas Worldwide Announces Playa Vista Office Lease

The company plans new West Coast headquarters at The Collective at Playa Vista.

Economy Watch: Beige Book Reports Tightening Labor Markets

Employment grew in most of the nation, with some districts noting growing labor shortages, according to the recently released Beige Book.