Regions

The Paris Agreement Inspires Amazon’s Climate Pledge

The commitment calls for signatories to be net-zero carbon across their businesses by 2040 in order to meet the Paris Agreement 10 years early.

Sizing Up Real Estate’s Top Tech Challenges

At the opening session of the IREM Global Summit, Realcomm’s Jim Young names the main technology issues facing the industry.

Metro Self Storage Scores $123M in Refis for 22 Assets

Talonvest Capital Inc. arranged the loans in two separate notes that each featured a 3.19 percent interest rate and 10 years of interest-only payments.

Image via Pixabay.com

Big-Box Wins Big in 2019

The first six months of 2019 proved highly successful for this industrial subsector, with high positive net absorption and record-high rents, a new report by Colliers shows.

Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan

Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.

San Diego Convenience Center Changes Hands

Capstone Advisors sold the roughly 15,000-square-foot retail center. CBRE represented both parties in the deal and secured acquisition financing.

AT&T Signs VPPAs for 960MW of Wind, Solar

The company estimates that its renewable energy purchases will reduce greenhouse gas emissions by an amount equivalent to powering more than 560,000 homes for one year.

Colliers Promotes Veteran to New York City Managing Director

Joe Bolano will grow the firm’s Project Leaders USA division, while also leading the health-care practice in the Northeast region.

New York Retail Property Trades in 1031 Exchange

The Kempner Corp. sold the 25,000-square-foot retail asset in Mount Kisco. HomeGoods is the anchor tenant of the building.

2019 CPE Distinguished Achievement Awards: Judges’ Comments

The awards program judges share their thoughts on outstanding elements from this year’s submissions, along with trends they observed among the entrant pool.