News
Economy Watch: CRE Growing, But Still Below Historic Levels
Following the Bureau of Economic Analysis’ report on U.S. GDP, the bureau released data on commercial real estate as a component of the overall economy and the numbers point to two interesting conclusions.
M-M Properties Grabs Florida Office Portfolio
HFF closed the sale of and secured financing for a four-property, 348,676-square-foot Class A office portfolio in the Sawgrass International Corporate Park.
Duke Realty Prepares Turnpike Crossing Industrial Park
The South Florida office of Duke Realty Corporation has announced that it will build two new speculative industrial buildings in its Turnpike Crossing industrial park in West Palm Beach.
Coral Gables Transit Oriented Project One Step Closer to Reality
The Transit Oriented Development Institute has officially endorsed the groundbreaking of Coral Gables’ Paseo de la Riviera project.
City of Riverside Goes from Renter to Owner
The City of Riverside has become the owner-user of a Class A office building located in downtown Riverside, the tightest market in the Inland Empire region.
NGKF Expands Denver Team
Newmark Grubb Knight Frank has added three new members to its Mile-High City presence.
$30M Redevelopment Pioneers in Downtown Brooklyn
Quinlan Development Group, LLC and Building and Land Technology unveiled renderings and details of The Pioneer Building, a $30 million redevelopment at 41 Flatbush Ave., in Brooklyn, N.Y.
Economy Watch: Q3 GDP Drops, But Residential RE Investment Still Strong
Real U.S. gross domestic product increased at an annualized rate of 1.5 percent in the third quarter of 2015, according to the first estimate by the Bureau of Economic Analysis.
Inland Real Estate Adds Fresno Retail Property
One of Fresno County’s largest retail properties trades hands.
Investors Bank Closes Financings, Expands Relationships
Investors Bank had a busy third quarter, originating nine loans totaling more than $114 million, and is now looking to increase its mix of commercial loans.