National
Economy Watch: Industrial Market Stays Tight, Despite New Product
The U.S. industrial market ended the first quarter of 2018 with a 5 percent vacancy rate overall, even though a significant amount of new construction was delivered, according to a new Avison Young report.
Supervalu Announces Strategic Shift
The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.
An Integrative Approach to Workplace Strategy
In an exclusive podcast interview with CPE, Adam Stoltz, managing director of workplace experience & strategy for Transwestern, provides a blueprint for developing a data-driven plan that addresses the changing nature of work.
Millennials vs. CRE: What to Expect
Melissa Reagen, head of research for TH Real Estate, discussed with CPE about Millennials’ impact on commercial real estate and how their housing preferences are changing.
Economy Watch: Tech Advancement Requires More Employees, Not Fewer
Even as industries shift to more advanced, automated processes, companies still plan to increase their headcounts in the next two to three years, according to a recent ManpowerGroup report.
Blackstone to Buy Gramercy Property Trust for $7.6B
The transaction will add more than 80 million square feet of high-quality industrial properties to the private equity giant’s holdings.
HqO Presents New Mobile App
The company introduced its platform at Jamestown’s Innovation and Design building in Boston. HqO’s mobile app offers tenants access to utilities, including visitor registration and parking.
How Does Labor Shortage Impact CRE?
As of January, there were 6.3 million unfilled jobs in the U.S., up 16 percent from 2017. In its report Where Are All the Workers?, JLL notes unfilled positions can lead to lower rents and increasing vacancy across property types.
Del Frisco’s Expands With $325M Acquisition
The steakhouse restaurant chain has agreed to purchase the Barteca Restaurant Group, which consists of 31 locations operating across 10 states and Washington, D.C.
Industrial to Remain the ‘Asset Du Jour’
Demand among investors and developers for industrial product shows no signs of slowing down, Avison Young Senior Vice President Eric Swanson notes in an interview with CPE at the 2018 ULI Spring Meeting.