News

Downtown Jacksonville Tower Trades for $53M

In the past two years, the occupancy of the office high-rise increased by 22 percent and its market value by $24.4 million.

Executive of the Year Spotlight: David Gilbert

This year, Gilbert’s firm acquired a large, multi-state retail portfolio and deepened its footprint in Seattle.

InnSight Hotel Management Opens New Hotel in Oregon Area

The hotel was developed by Sycan B Corp., and will be managed by InnSight Hotel Management Group.

Economy Watch: Service Industries Enjoy 3Q Revenue Gains

A number of service industries, including real estate, saw revenue increases during the third quarter, providing another indication of an improving economy.

BlackRock to Move NYC HQ to 50 Hudson Yards

New York City’s newest trophy office tower will be part of the $20 billion Hudson Yards mixed-use development by Related Cos. and Oxford Properties.

Two-Tower, 2.4 MSF Project Breaks Ground in SF

Upon completion, Oceanwide Center will feature the second-tallest building in San Francisco.

Newark Office Tower Commands $165M

The sale of Two Riverfront Plaza, home to Panasonic Corp., reflects the transformation of the Newark office market.

Avison Young to Market 675 KSF Office Park in Florida

VanTrust Real Estate of Kansas City is building a massive development along Nocatee Parkway that will bring much-needed office space to Jacksonville.

Yardi Matrix: Boston Brawn

The city’s multifamily market continued to expand in 2016, especially the in-demand waterfront, although escalating rents have left the metro with an affordability problem.

JLL Expands Phoenix Team

In his new role, Dan Postal will be responsible of investment sales, sale leasebacks and owner/user acquisitions and dispositions.