News
Economy Watch: Update on the Economy, Construction
By Dees Stribling, Contributing Editor The monthly Architecture Billings Index (ABI), which is compiled by the American Institute of Architects, is a leading indicator for the U.S. commercial real estate industry. It offers an indirect look at the upcoming pace of construction spending — about nine to 12 months ahead, according to the organization — by taking a “Work-on-the-Boards” survey among a panel of AIA member-owned firms. Participants are asked whether their billings increased, decreased, or stayed the same in the month just ended as compared to the previous month, and the results are also seasonally adjusted. In August, the…
Airport Builds for Flyers & 4-Legged Friends
Austin-Bergstrom International Airport will have your car and your pet ready, no matter what time your flight lands.
Savills Studley Appoints New Senior Managing Director
Savills Studley has found a new senior managing director for its regional office in Phoenix.
Public Storage Grows in North Dallas
The global self-storage giant has big plans for expansion nationwide.
Rehabbed Plaza Borinquen Goes Even More Affordable
In an effort to fight New York City’s affordable housing crisis, developers and local authorities join forces to build, repair and renovate housing communities across the five boroughs.
NC Student Housing Gets a Lending Hand from CBRE
A mixed-use expert new to student housing secured financing from a top lender for a mixed-use North Carolina State residence facility.
CBRE Facilitates Recapitalization of Premier Office Asset in Charlotte
CBRE finalized the recapitalization of LakePointe Corporate Center One and Two and owners formed a joint venture to own and operate the buildings.
SugarOak Settling in in the Big Peach
The Virginia-based company is feeling right at home in Atlanta—it has added the seventh property to its Atlanta portfolio in a recent deal brokered by Transwestern.
Ross Dress for Less Expands in Illinois, Colorado
A Californian retailer is opening new stores in Illinois and Colorado this fall.
MG Completes Reno’s Largest Bulk Multifamily Transaction
The San Diego-based private real estate investor and operator has been aggressively buying apartments.