Regions
CPE’s Top 5 September Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
ULI Forecasts Strong Outlook for CRE Through 2020
Average vacancy rates and rental rate growth, despite a few minute fluctuations here and there, will remain positive for all major sectors.
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.
Iron Mountain Reaches Carbon Reduction Milestone in Europe
Belgium, Ireland, The Netherlands and United Kingdom are the company’s first international regions to utilize 100 percent of electricity from renewable sources.
AI and the Future of Property Management
Yardi Energy’s Matt Eggers discusses the role of artificial intelligence in advancing energy efficiency and other goals at IREM’s Global Summit.
Friedman Brings Automotive Company to MI Office Building
A team of brokers worked alongside Savills Studley to represent Harman Becker Automotive Systems Inc. in its 40,000-square-foot lease in suburban Detroit.
Green-Certified Office Buildings Reach Record Number in US Metros
According to the fifth annual U.S. Green Building Adoption Index by CBRE and Maastricht University, the interest in sustainable development is on the rise, while Energy Star and LEED-certified buildings are becoming landmarks of the biggest metros.
Marcus Partners Lands $37M Refi for MD Office Campus
The company recently completed a renovation of the two buildings following their purchase in 2015. The Class A properties have more than 250,000 square feet between them.