Regions
Economy Watch: Chicago Fed National Activity Index Swings Upward
All categories of indicators that make up the index increased from January to February, pointing to above-average growth for the month, the Chicago Fed reported.
CBRE Portland Taps New Director of Asset Services
Relocation from the Charlotte, N.C. office where she served the same role, Lauren Peng will lead a team of over 25 real estate management professionals.
Newport Capital Partners Adds WI Shopping Center to Portfolio
The Plaza, a 108,000-square-foot property in Brookfield, Wis., represents the seventh asset in the buyer’s retail fund. The transaction closed at $17.9 million.
BBG Relocates Local Office to Midtown Detroit
The company moved to a two-story, 9,000-square-foot Brush Park office building, which was once the site of a 100-year-old auto garage.
JLL Spark Buys CRE Software Company
The San Francisco-based firm purchased a software-as-a-service real estate technology platform that, among other things, lets investors manage their portfolios’ performance.
Rubenstein, Vision Real Estate Ink Twin NJ Office Deals
The longtime joint venture team purchased Phases I and II of the former Morris Corporate Center IV in Parsippany, N.J. The partnership is set to renovate and rebrand the five-story trophy buildings.
Brennan, Sidra Capital Recap $159M Industrial Portfolio
HFF arranged the recapitalization of 11 fully leased facilities located in and around Atlanta, Chicago, Detroit, Minneapolis, Cincinnati, Philadelphia, Dallas and Akron, Ohio.
Economy Watch: NABE Forecasts Strong Economic Growth in 2018-2019
Economic growth in 2018 is expected to be stronger than the 2.3 percent annual GDP growth rate in 2017, according to the latest NABE Outlook.
Tech Firm Inks 72 KSF San Diego Lease
David Crabb of Kidder Mathews worked alongside Don Mitchell of Cresa to secure space for TrellisWare Technologies in the recently renovated building.
Lightstone Secures Financing for 3rd NYC Moxy Hotel
The company has received $91 million from the Bank of the Ozarks to build Moxy East Village, a 285-key hotel at 112-120 East 11th St.