News

Rand April

New Independent Directors Join Ares Commercial Real Estate Corp.

ACRE welcomed two new independent directors to the company’s board.

Angela Aman

Brixmor Names Angela Aman Chief Financial Officer

Angela Aman will succeed Barry Lefkowitz as chief financial officer of Brixmor Property Group, effective May 20, 2016.

Rialto I-210 Distribution Center

Guitar Center Sets Up New West Coast Distribution Center

The lease comes as the Inland Empire market’s vacancy rate is slated to go up.

Univision Building

Univision Sells its West Coast HQ to CBRE Global Investors

The Silicon Beach asset was immediately leased back to Univision.

Alpharetta’s Mammoth Mixed-Use Project Lands 9 Retail Tenants

North American Properties announces nine retailers coming to Avalon’s Phase II, which will include luxury residences, a 325-key hotel and more.

Economy Watch: GDP Sluggish in the First Quarter

The BEA reported that U.S. GDP increased just 0.5 percent in 1Q 2016, largely due to a decline in nonresidential fixed investment and a decline in consumer spending.

Denver RTD Debuts New Commuter Rail Route to DIA

Part of the Eagle P3 Commuter Rail Project, the 23-mile University of Colorado A Line connects Denver Union Station to the Denver International Airport.

24th at Camelback I

Hines Signs Tech Company to Upscale Office Suite at 24th at Camelback

Presidio is moving closer to frequent business partner Cisco as a result of the leasing agreement.

HFF Facilitates Sale of Fort Lauderdale-Area Retail Asset

A 16.20-acre grocery-anchored retail center has changed hands in Plantation, Fla.

Element Toronto Airport Hotel

Starwood and Easton’s Group of Hotels Team Up for New Facility at Toronto Airport

A new 144-key hotel will open at Toronto Airport next to the Four Points Hotel which will undergo a $4 million renovation.