News
Gramercy Nabs Half-Billion-Dollar Industrial Portfolio
The company has expanded its holdings with the acquisition of 17 bulk warehouses totaling 10.3 million square feet.
Yardi Matrix: New Supply Sweeps Orlando
Development is booming, with more than $15 billion worth of projects underway, including everything from infrastructure to mixed-use developments.
Columbia Departs Dallas, Phoenix with Office Property Sales
The Atlanta-based REIT sold the assets for a combined $109.5 million.
Four Hotels Change Hands in $119M Deal
The properties formerly owned by Xenia Hotels & Resorts are located in Houston, Denver, Chicago and St. Louis.
Hines Snags 1.2 MSF Industrial Park in Arizona
The deal involved a 684,000-square-foot logistics warehouse and an adjacent development parcel that can accommodate a 567,000-square-foot building.
Hotel REIT Buys 3 Embassy Suites in Buckeye State
The properties in Columbus, Cleveland and Cincinnati total 782 guestrooms and traded for a combined $124 million.
Epic Real Estate Nabs 344 KSF Retail Center in River City Suburb
HFF closes sale of and arranges financing of $37 million for Shops of Forest Hill in Germantown, Tenn.
CVS to Build 762 KSF Distribution Center in KC
The $110 million project is expected to create more than 360 new positions, as well as up to 100 additional jobs for outsourced local businesses in the area.
Executive of the Year Spotlight: Bob Sulentic
Nearing $11 billion in 2015, CBRE’s annual revenue has grown by nearly 70 percent since Sulentic became CEO in 2012.