Regions
Strategic Storage Trust IV Buys Inland Empire Facility
The self-storage facility located in Riverside, Calif. comprises 55,000 rentable square feet and offers 460 units. SmartStop will manage the property.
CubeSmart To Open in Chicago
The 65,000-square-foot facility is situated in Chicago’s commercial and retail corridor, alongside Touhy Avenue. CubeSmart will manage the property on behalf of the owner, Bloomfield Capital.
Cushman & Wakefield Appoints New Executive in Manhattan
Barry Finkelman, who brings nearly 15 years of commercial real estate experience to the team, previously served as senior vice president at CBRE.
Economy Watch: CRE Prices Up in March, Except Industrial
Gains in four of the five property segments were enough to outweigh a 0.5 percent decline in the industrial pricing, according to Ten-X’s March Commercial Real Estate Nowcast.
The April digital issue of CPE is now available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read; or click on individual articles below for an in-depth look at the topics that most interest you.
Manhattan Office Landscape Stands Steady
Midtown South and Chelsea are adding firms in the technology, advertising, media and information industries, while some financial companies ponder a shift to Hudson Yards, where more than 10 million square feet are expected to come online over the next few quarters.
WeWork Leases SF Office Tower
The coworking space provider has signed a deal with Kennedy Wilson and Takenaka Corp. to fully occupy 430 California St., as well as the historic bank building next door.
Bay Area Life Sciences Campus Lands $385M Refi
HFF worked on behalf of Phase 3 Real Estate Partners to arrange the refinancing of Genesis North and South Towers, two Class A buildings in South San Francisco, Calif.
High Street Realty Buys Chicago Industrial Portfolio for $86M
JLL’s Capital Markets team facilitated the transaction, which included 11 institutional-quality, value-add properties totaling nearly 1.2 million square feet.
SCG America Opens SoCal Hotel
The newly renovated building is home to the 132-key DoubleTree by Hilton and sits within a short drive of California State Polytechnic University and a major conference center.