Regions
Economy Watch: Consumers Optimistic For Now
American buyers feel good about their own current financial situation, but remain a little leery about the future of the economy.
Hines Sells 300 KSF Green Building in Phoenix
In the city’s largest office deal so far this year, an affiliate of New York Life Real Estate Investors acquired an eight-story asset in the Camelback Corridor.
Bridge Development Breaks Ground on Chicago Spec Project
The development will include three buildings totaling almost 680,000 square feet of industrial space, with an estimated delivery date set for the fourth quarter of 2018.
Garrison Investment Group, Onyx Equities Sell NJ Asset
The partnership sold the transit-oriented Rochelle Park property less than a year after acquiring it as part of a portfolio transaction.
AJ Capital Buys 275-Key Hilton Hotel
The soon-to-be Graduate Hotels-branded hotel is situated near downtown Eugene and offers convenient access to the University of Oregon’s campus and to various sports venues.
Economy Watch: Retail Sales Up Robustly in May
U.S. sales saw a slight increase in May, with most categories gaining ground. However, furniture stores, sporting goods, hobby, music and bookstores suffered significant sales decreases.
Carlyle Group Grows DC Presence With HQ Expansion
The global private equity firm will occupy four stories of the 804,100-square-foot trophy office building. JLL negotiated the deal on behalf of the tenant, while Cushman & Wakefield represented the owner.
JV Buys Garden-Style CA Office Complex
The partnership is formed of Hunter Street Partners and Mana Investments. The transaction marks Hunter Street’s first investment since its launch at the beginning of 2018.
CBRE Brokers LA-Area Office Sale
Niagara Water purchased a three-story, 135,000-square-foot asset in Diamond Bar, Calif., and is set to remodel the interior of the building.
Planet Granite Leases Space in Chicago’s Lincoln Park
The gym will be located within Structured Development’s planned mixed-use center The Shops at Big Deahl, which is slated to open in 2020.