Regions
EQ Office Sells Washington Asset for $231M
The investment vehicle of Spanish tycoon Amancio Ortega acquired the asset just north of the White House from the Blackstone affiliate.
Retail Sector Makes Headway in Experiential Drive
Despite dire warnings of brick-and-mortar’s demise, innovation among operators and retailers is resulting in surprisingly strong fundamentals, Marcus & Millichap reports in a new update.
Trammell Crow JV Breaks Ground on Maryland Medical Pavilion
The partnership began work on a seven-story, 169,000-square-foot facility at White Oak that is slated for a February 2020 opening.
Kansas City-Area Retail Center Changes Hands
Block & Co.’s David Block, Phil Peck and Greg Roberts handled the sale of the 11,172-square-foot asset near the K-7 Highway.
Talonvest Secures $10M for Go Store It
The financing includes a $4.8 million construction loan and a $5.5 million acquisition loan.
Marriott Hotel Opens in San Diego
The 222-key TownPlace Suites is located close to San Diego International Airport and the downtown area.
3 Trends Reducing the CRE Carbon Footprint
A progress report from ULI’s Greenprint Center on climate-related legislation, economic reform and environmentally responsible investing.
Enel Begins Construction on Chile’s Largest Solar Farm
Campos del Sol is estimated to generate about 1,160 megawatt-hours per year, while avoiding the emission of more than 900,000 tons of carbon dioxide into the atmosphere.
How Interest Rates Are Altering the CRE Outlook
A new report from UBS Asset Management’s Real Estate & Private Markets outlines the impact of economic trends on the industry.