News

Ivanhoé Cambridge Enters Australian Market

Ivanhoé Cambridge is partnering with Blackstone Property Partners Asia on an acquisition Down Under.

Economy Watch: Retail Sales Not in Tailspin

Retail and food services sales nationwide have bounced back month over month.

Grover & Corlew Acquires 175-KSF Delray Beach Office Park

The Arbors Office Park in Delray Beach was picked up recently by Grover & Corlew, LLC for $20.15 million, according to a recent news release. 1615 Arbors North Associates, LLC and 1625 Arbors South Associates, LLC sold the two-building, 174,816-square-foot portfolio and CBRE spoke for the sellers in the transaction.

Economy Watch Weekly: CRE Outshines Temporary Soft Growth

Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended April 10.

Architecture Firm Submits PILOT Request for Memphis’ Universal Life Building

Contingent on the approval of a PILOT request, the historic Universal Life Building at 480 & 504 Dr. Martin Luther King Jr. Ave. could soon get its second wind. Juan Self and Jimmie Tucker of Self + Tucker Architects recently submitted a PILOT request that entails the renovation and repositioning of the renowned building for office use.

Waitt Co. Drops $39.5M on Office Portfolio in Suburban Charlotte Market

Omaha, Nebraska-based Waitt Company has purchased a 178,317-square-foot suburban office portfolio in Fort Mill, SC, paying $39.5 million or $222 per square-foot.

International: Vail Resorts Expands Overseas

Vail Resorts is expanding its portfolio with the purchase of the largest and most popular mountain resort in Australia.

Kennedy Wilson Trades Apartment Complex in Suburban LA

Kennedy Wilson has walked away with a nice profit from an apartment property it traded in Paramount, Calif.

Matan to Invest on Capitol Hill

Matan Cos. will be dropping some heavy cash in Washington, D.C., focused on one sector.

DataHaven Unveils First-Ever Wellbeing Survey for Connecticut

DataHaven is launching a comprehensive survey of quality-of-life issues to be conducted in Connecticut.