News
Economy Watch Weekly: CRE Fundamentals Still Strong—Mostly
The U.S. economy is in reasonably good shape, and so is the commercial real estate industry, for that matter. But there are some caveats. Economy Editor Dees Stribling weighs in for the week ending July 22, 2016.
Economy Watch: CRE Execs Still Mostly Optimistic
Akerman LLP’s latest US real estate report found steady optimism among a majority of industry leaders, who also cited a number of trends likely to impact the market.
Hagaplan Hotel in Stockholm to Be Rebranded Under New Ownership
Elite Hotels will open its seventh unit in Sweden’s capital at the end of 2017.
CBL Closes $67M Michigan Retail Sale
The two shopping malls, located in Saginaw and Muskegon, Mich., were sold to a private buyer at a hefty price.
CIP Brokers Sale of Seaside’s Inn at the Shore
Joseph Kennedy of Crystal Investment Property represented the seller in the $3.1 million transaction.
University Heights Retail Center Sold with Help from Colliers
San Diego continues to grow at a strong rate, bringing attention to local retail properties.
QuVa Adds New Jersey Manufacturing Facility
The new asset will allow the company to expand into the Northeast markets.
Opus Completes Xcel Energy HQ Annex in Minneapolis
The company will now consolidate operations and employees that were previously spread throughout the city.
Akridge, Stars Investments Plan Trophy Office Project in DC
The near-twin structures at 1101 and 1111 16th St. will be transformed into a single 100,000-square-foot office tower.
Wolverine State Wind Project Lands New Owner
Sempra U.S. Gas & Power has acquired a proposed wind farm in Huron County from Geronimo Energy.
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