News

Economy Watch: Office Market Recovery Accelerating

2015 might well be the best U.S. office market in terms of absorption and dropping vacancies since before the recession

Westcore Gets Bullish on Growing Class B Industrial Markets

A look at Westcore Property’s eight-building industrial acquisition.

Brickell City Centre Announces Fourth Round of Retailers

Swire Properties and retail co-developers Whitman Family Development and Simon Property Group, continue Brickell City Centre’s series of retail announcements.

Historic Baltimore Car Showroom Redevelops into Restaurant

Baltimore-based Seawall Development redevelops a historic local car showroom and garage into restaurant launch pad R. House.

Inside SmartStop’s $1.4B Merger

Two major players in the self-storage industry have joined forces.

2015 Executive of the Year Public Ballot

It’s time for you to weigh in! While the CPE Executive of the Year awards, now in their 19th year, are determined by a peer vote among members of the CPE 100 board of senior-level real estate executives, we are once again interested in who the industry at large thinks should receive this prestigious honor. Be sure to enter your votes today! The winners will be revealed in December.

Presidio and Cornerstone Break Ground on Fourth Residential Joint Venture

The Reserve breaks ground in Carlsbad as Presidio Residential Capital and Cornerstone Communities start construction of fourth Californian venture.

Hudson Pacific Flips in Burlingame

Hudson Pacific Properties sells Burlingame office campus to H&Q Asia Pacific.

Economy Watch: At 142K, September Job Creation Turns Out Tepid

By Dees Stribling, Contributing Editor The U.S. economy created a net of 142,000 jobs in September, according to the Bureau of Labor Statistics on Friday. That’s a thoroughly mediocre report, and probably not going to help influence the Fed to raise interest rates later this year. Not only that, the change in total payroll employment for July was revised downward from a gain of 245,000  to 223,000, while the change for August was also revised downward from 173,000 to 136,000 — an unusual circumstance, since monthly numbers are more often than not revised upward. With these revisions, employment gains in…

J. Wesley Rogers, Landmark Properties

Landmark’s Giant Student Housing Project Takes Flight

What did the student housing real estate company do this summer? A lot.