News

Griffin Properties Plans M-F Project for Shops at Aspen Creek

The Signorelli Company recently announced the sale of a 12.2-acre site to Arkansas-based Griffin Properties for a multifamily development at The Shops at Aspen Creek in Tulsa.

Atlantic/Pacific Cos. Expands National Footprint with Apartment Buy in Georgia, Texas

In order to grow its portfolio in Georgia and Texas, A|P Cos. has purchased six Class A apartment communities.

Live Chat with Kevin Thorpe

Join us on Thursday, Feb. 19 at 2 p.m. (EST) for CPE’s live Twitter chat with DTZ’s Chief Economist Kevin Thorpe as he discusses 2015 economic forecasts. Thorpe is responsible for overseeing the Research Department in DTZ’s (formerly Cassidy Turley’s) major regional offices as well as focusing on national trends and forecasts in the CRE industry. He has developed several econometric models to predict market trends, is a member of the National Association for Business Economics (NABE), and has authored numerous studies and survey reports. Thorpe is frequently quoted in publications such as The Wall Street Journal and The Washington Post, and…

Economy Watch: Hotels Will Rock It in 2015

This year is going to be another good year for the U.S. hotel industry.

Economy Watch Weekly: Good Job Numbers, Wages Not So Much

Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended Jan. 16, 2015.

INTERNATIONAL: Vida Hotels and Resorts Unveils Manzil Downtown Dubai

Vida Hotels and Resorts has opened a 197-key lifestyle boutique hotel for business in the heart of Dubai.

EXCLUSIVE: JLL Study Finds Data-Centric Corporate RE Leaders to Double in Three Years

Change is afoot. Corporate real estate executives are destined to rely more heavily on data and analytics, according to results from a study commissioned by commercial real estate services firm JLL and conducted by Forrester Consulting.

Schneider Plans High-End Project in Madisonville

In its National Apartment Market Report for 2015, Marcus & Millichap said that household creation in Cincinnati will accelerate this year, as some of the metro’s Fortune 500 companies expand, thus creating demand for rental housing. One new project has already been announced.

UD, Concord Hospitality Buy Dayton Marriott

Last month, the University of Dayton announced that, together with Raleigh, N.C.-based Concord Hospitality, it has acquired the Dayton Marriott Hotel at the western gateway of its campus. The purchase price was $18.5 million. UD and Concord will jointly own the property.

Owens Realty Buys 2 Office Buildings in East Orlando

Two of Quadrangle Corporate Park’s single-story office buildings totaling 82,175 square feet have a new owner following a $13,570,000transaction. The value of the acquisition translates as $165 per square foot.