News
Lee & Associates Makes Denver Debut
Lee & Associates is making its debut in Denver through a merger with Bitzer Real Estate Partners. The new office is the 51st for Lee & Associates.
Economy Watch Weekly: Housing, Inflation
Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended October 24th, with a special look at the week’s mixed housing numbers and more stable inflation.
CFO, IBM Study Details Corporate Real Estate’s Rising Profile
With the recovering economy fueling broad-based growth, commercial real estate will play a larger role in corporate expenditures, according to a report presented by CFO Research and IBM yesterday at CoreNet Global’s North American Summit in Washington, D.C.
Cresa Brings Travers Realty into the Fold, Boosts Southern California Footprint
Travers Realty Corp. has merged with the Southern California offices of Boston-based Cresa to form a powerhouse tenant representation firm with nearly 150 local employees and more than 1,000 internationally.
ULI Special Report: CRE Continues Momentum into 2015, but Investors Look Beyond Traditional Core Markets
The U.S. commercial real estate market has been gaining strength, and that trend is expected to continue in 2015, according to responses to the latest “Emerging Trends in Real Estate Report.”
With $112M Sale, DCT Industrial Exits Columbus Market
In a transaction that marks its departure from the metropolitan Columbus market, DCT Industrial Trust of Denver has sold a 3.5 million-square-foot portfolio in the Ohio capital to Exeter Property Group for $112.1 million, the REIT announced Monday.
Economy Watch: NAR’s Pending Home Sales Index; Trucking Volume Trends
The National Association of Realtors’ Pending Home Sales Index reached its second-highest level since September 2013; the American Trucking Associations’ volume index remained unchanged last month.
MRP, Rockpoint Unveil $120M Tysons Overlook
Officials from MRP Realty and Rockpoint Group, L.L.C. were present on Wednesday, October 22, in Tysons Corner, to unveil the region’s newest office tower. Its name is Tysons Overlook and it is located at 7940 Jones Branch Drive.
International: First VIVO! Shopping Center Opens in Piła, Poland
Immofinanz Group has completed its first VIVO! shopping center in the Polish city of Piła and marked the occasion with a grand opening on Oct. 17.
ULI Special Report: Crowdfunding Leaders Share Insights
Innovation was a recurring theme at the Urban Land Institute’s fall conference in Manhattan last week, and capital markets took the spotlight when a panel of executives explored the crowdfunding phenomenon.