News
No Bubble for Tech Properties
By Stephen Boyd, Director of U.S. REITs, Fitch Ratings: Despite signs of strain, the tech market of today is very different from the one that burst in the early 2000s.
Taking Orders
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Glassdoor Commits to Chicago’s Fulton Market
The company will be joining the district’s high-profile tenant roster next year.
575 Fifth Avenue to Open for Leasing in the Fall
L’Oreal will vacate its headquarters in Midtown Manhattan after three decades.
RoomPlace Kickstarts Indianapolis Expansion
The furniture retailer acquired a long-vacant building that it plans to transform into a showroom and warehouse.
Shorenstein Sets Bar High for Downtown Pittsburgh
One Oxford Centre commands unprecedented office rent for the Golden Triangle.
Economy Watch: U.S. Official Talks of CRE Froth
U.S. Comptroller of the Currency Thomas Curry warned that credit risk is growing for certain banks with CRE loans in several major markets.
Aloft Expands Presence in Mexico with Two New Hotels
Starwood is set to double its footprint in Latin America by 2019 with two Aloft-branded facilities in Veracruz and Queretaro, Mexico.
JLL Teams Up with Related, LargaVista to Lease New SoHo Mixed-Use Project
300 Lafayette will be the neighborhood’s first new Class A office building in more than a century.
AvalonBay, Regency Centers Buy Arlington Mixed-Use Development for $406M
The joint venture acquired Market Common Clarendon in metro D.C., with plans for property enhancements.