News

Seattle Office Campus Commands $155.3M

M-M Properties has acquired a three-building office campus anchored by Boeing in Bellevue, Wash., for $155 million.

The Allen Morris Co. Plans $210M Mixed-Use Project in Midtown ATL

Star Metals Residences and Offices will break ground this summer in The ATL, with completion scheduled for the first half of 2019.

largest developments 2015 Cleveland

Cleveland’s Largest Apartment Communities Delivered in 2015

Developers in The Forest City have added 13 large apartment projects to the market in 2015, totaling more than 2,000 units.

Howard Hughes Corp. Brings Scotch & Soda to the Seaport District

The Amsterdam-based retailer is setting up shop in the revitalized Seaport District in Lower Manhattan.

Calvin Butler Jr., CEO of BGE and co-chair of BLocal

Multiple Organizations Pledge $69M in Local Investments for Charm City

Put together, the BLocal companies expect to invest at least $53 million in renovation and construction projects during the next three years.

CBRE Survey Reveals Continued Strong Industry Fundamentals

CBRE’s latest cap rates survey predicts business as usual for all property types, but offers a few warnings, as well.

Passco Companies Acquires 452-Unit Community in Nashville for $51M

CBRE represented both Passco Companies, the buyer, and Olympus Properties, the seller, in the transaction.

Self-Storage REITs Gain Ground

Data as of March 31, 2016. Source: SNL Financial, an offering of S&P Global Market Intelligence

Multifamily REITs Hold Strong Despite Softening

By Griselda Bisono, Assistant Vice President & Analyst, Moody’s Investors Service: Why multifamily REITs remain on a positive trajectory despite the expected peak in their development pipelines this year.

Economy Watch: Retail Continues Sluggish Growth

The U.S. retail sector continued to slowly improve in the first quarter of 2016, but not by much.