News
CRE’s Bid-Ask Spread Widens: Moody’s
As buyers and sellers approach deals from widely divergent valuation standpoints, transaction velocity is stalling.
Blackstone to Pay $1.2B for Simply Self Storage
The company last traded in 2016, when Brookfield Asset Management acquired it for $830 million.
The Climate Factor in CRE Investment Strategy
As losses mount and premiums rise, risks posed by extreme weather are drawing heightened scrutiny from industry stakeholders.
TMG Partners Buys Downtown Oakland Office Tower
The more than 1 million-square-foot property will be the new headquarters for PG&E, while the sellers will retain an ownership interest in the asset.
LaSalle Launches Global Navigator Fund
The firm secured $320 million in founding capital commitments for its latest fund that will focus on the U.S., Europe and Asia.
Amazon Unveils Plans for 1st Waco Fulfillment Center
The company will open the facility in 2021, adding approximately 1,000 jobs in the Texas city.
Taubman Centers Sells 760 KSF Connecticut Mall
An arm of home furnishings maker Safavieh acquired Stamford Town Center from the REIT, with plans to revitalize the nearly four-decade-old property.
Bon Aviv Sells Grocery-Anchored Shopping Center in Maryland
Neuman Commercial Group arranged the sale of the fully leased retail asset, located about the same distance from Washington, D.C., and Baltimore.
When Will Convention and Group Travel Demand Return?
RevPAR in dense urban markets remains more than 80 percent below 2019 levels, according to CBRE Hotels Research.
Ryan Cos. Begins JEA Headquarters Project
The utility provider plans to move into the new Jacksonville development in early 2022.