Regions
Why AI Won’t Replace the Facilities Team
BuildingIQ’s Steve Nguyen discusses the most common misconceptions about artificial intelligence and the most frequent roadblocks in the adoption of the Internet of Things within the commercial real estate industry.
Economy Watch: Prices for Construction Materials on the Rise
Prices for all 11 subcategories of construction inputs increased year-over-year, and only three saw monthly declines, according to the Associated Builders and Contractors.
Skanska Sells 196 KSF Office Building in Sweden
Kungsleden acquired the 14-story STUDIO building in Malmö. The asset includes a restaurant, Sky Bar, Story Hotel, café and Black Box, a meeting and event venue.
DoveHill Capital, Wurzak Acquire NoVa Hotel
The 298-key Sheraton Reston is situated in the Washington, D.C., suburb of Reston, the second-largest office market in Fairfax County.
Madwire Inks 102 KSF for 2nd CO Office Location
CBRE Fort Collins represented the landlord, 2001 Danfield LLC, in the lease deal that will begin in November 2018.
Boyne to Repurchase 6 Ski Resorts
The mountain resort owner and operator will buy six previously owned properties in the U.S. and Canada from an affiliate of Oz Real Estate. Boyne sold the assets more than 10 years ago in sale-leaseback transactions.
Pioneering Storage System Debuts in FL
The new system’s capability increases the amount of solar energy delivered to the grid by more than a half-million kilowatt-hours annually.
CA Targets Net-Zero Record with $368M Facility
The state air quality agency’s solar-powered headquarters and research center will be the largest of its kind upon completion in 2020.
JCPenney Sells Legacy WI Warehouse
The Wauwatosa outlet centers encompasses more than 2 million square feet and was bought by an affiliate of Phoenix Investors for $31.3 million.
Bixby Continues Western Industrial Expansion in Seattle
The 55,660-square-foot asset dating back to 2004 is located south of downtown Seattle, with Cummins Inc. as its sole tenant.