News

Economy Watch: The E-Commerce Juggernaut Rolls On

North America will see consistent double-digit e-commerce growth through 2020, fueled by increased spending from existing digital consumers and expansion into new categories.

Chad Albert

Chad Albert Moves Up the Ladder at NAI Robert Lynn

Chad Albert’s new position at NAI Robert Lynn makes him the youngest principal at the company.

Commonwealth Commercial to Manage 2.5 MSF Portfolio

The portfolio consists of 31 Class A office and industrial buildings spread throughout the Mid-Atlantic area and Southeastern U.S.

Consolidated-Tomoka Nabs BofA Property in NoCal

The asset was sold for approximately $8.4 million and is 100 percent leased to Bank of America.

Laguna Development Bets $135M on Louisiana Casino Hotel

The Albuquerque-based company has agreed to acquire the Isle of Capri Casino Hotel Lake Charles.

Menlo Equities Nabs Brand-New Austin Office Asset

The two-building Champion Office Park, completed last year, is already fully occupied.

St. John Properties Invests in Maryland Office Market

Nearly 650,000 square feet of speculative space is currently underway in the Baltimore area.

Devon Self Storage in Canton, Mich.

Fast-Growing Michigan Market Attracts Major REIT

Public Storage is the new owner of a 790-unit self-storage facility in Canton, Mich.

Executive Spotlight: Patrick Mc Gowan

The versatile builder recounts his journey from rural Ireland to success in New York City and discusses his company’s latest high-profile projects.

Economy Watch Weekly: Millennials, Interest Rates Impact CRE

Economy Editor Dees Stribling explains how these two hot topics are affecting the real estate industry, for the week ending Aug. 19, 2016.