News
CBRE Saves Clients 1B Gallons of Water
CBRE Group has instituted a pilot program that has helped save its Global Workplace Solutions clients more than one billion gallons of water over the past 18 months.
Calif. Wind Energy Fuels 1.2M Homes
Turning to the wind, the Environment California Research & Policy Center has revealed significant growth in the state’s wind power sector.
Thor to Grow its Harlem Holdings
Thor Equities has agreed to buy two adjacent mixed-use buildings for $75.5 million.
Orange County Retail Center Changes Hands for $31M
A 110,260-square-foot retail center has changed owners at a sale price of $31.8 million.
Economy Watch: Retailers Anticipating Solid Holiday Sales
Friday’s reasonably good jobs numbers also probably point to a good retail sales season for the holidays.
Warm Climate: Refinancing Conditions Favor Borrowers in 2016
With maturity looming for a hefty chunk of the commercial real estate debt originated during the market peak a decade ago, the demand for refinancing will continue unabated in 2016. According to the CRE Finance Council, some $700 billion of loans will come due in 2016 and 2017, on the heels of $700 billion in 2014 and 2015.
Brennan Investment Boosts its Orlando Presence
The industrial real estate investment firm just snapped up a 254,900-square-foot portfolio.
SoHo Building Receives $100M Refi Loan
A six-story office and retail building is set to be repositioned and upgraded with the help of a generous loan.
Healthcare Program Acquired by Kaiser Permanente
Kaiser Permanente and Group Health Cooperative have agreed on a deal to merge healthcare programs.
U-Haul Storage Facility Opens in Williamsport
U-Haul’s sustainability initiatives bring a new storage facility at 238 Penn St. in Williamsport.