Regions
Retail Investment Trends
At a time when e-commerce appears to be ascendant, what are the latest and most influential retail investment trends? What is myth and what is reality?
StorageMart Expands Omaha Footprint
The company added more than 1,700 self storage units to its portfolio in the greater Omaha market. The facilities are located around 10 to 16 miles from the city’s downtown.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in March 2019 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in March 2019 in New York City.
Strong Demand for Self Storage Pushes Rents Towards Recovery
Although street-rate rents remained flat for the standard non-climate-controlled units month-over-month, rent performance for climate-controlled units improved by 70 basis points compared to the previous month.
Office Asset in San Diego’s Tech Hub Trades for $10M
MIG Real Estate sold the three-story property in the Sorrento Mesa neighborhood, where technology and medical companies maintain a strong presence.
Vornado Sells $1.2B Stake in NYC Retail Venture
In its latest move to generate big proceeds, the REIT sold a 45.4 percent common equity interest in its Upper Fifth Avenue and Times Square collection.
$2.6B Encore Boston Harbor to Open in June
Believed to be Massachusetts’ largest project ever completed in a single phase, Wynn Resorts’ development will feature a 671-key hotel and a casino with 3,000 gaming positions.
Summit Hotel Properties Sells Multi-State Portfolio for $135M
The company completed the disposition of six assets totaling more than 800 guestrooms, located in Massachusetts, Texas, Minnesota, Utah and California.
Chrysaor Buying ConocoPhillips North Sea Assets for $2.7B
The mega transaction will make the private equity-backed U.K. oil company one of the basin’s largest producers.