Regions
Economy Watch: Employment Continues to Strengthen State-by-State
Many states came close to full employment in 2017, with seven states recording their lowest unemployment rates in more than 40 years, according to the latest U.S. Bureau of Labor Statistics report.
Q&A: The Retail Experience of Digital Natives
A.T. Kearney’s Michael Brown provided insight on how the new generation of consumers will impact the format of future shopping centers and why technology will be such a big part of the retail story.
Cohen Asset Management Buys $35M Phoenix Property
Living Spaces sold the 437,234-square-foot showroom and distribution center located on Interstate 10 in a deal facilitated by JLL Capital Markets.
Retail Investment Trends to Watch in 2018
While some markets are stronger than others, the new Marcus & Millichap report points to general trends such as rising consumer confidence levels, the potential for higher wages and changes in the tax law that could play a role in shaping the economy and retail demand in 2018.
Fannie Mae Leases 850 KSF in Suburban DC
Boston Properties will welcome the government-sponsored enterprise to Reston Gateway, its mixed-use transit-oriented project in Northern Virginia.
KAI Renovates 4 St. Louis Retail Assets
The four buildings in the greater metro area have now reopened as Art Van Furniture stores, following $3.5 million in renovation work.
Rexford Picks Up, Sheds CA Assets
The firm acquired an Inland Empire asset encompassing more than 200,000 square feet of industrial space, partially funding this by the sale of a creative office property.
Boston-Area Industrial Asset Trades for $3M
The new owner, an entity managed by Patagon Ventures LLC, plans to convert the property into a 75,000-square-foot self-storage facility.
Ridge Acquires 11 Acres in Chicago for Spec Industrial Project
The company will break ground on the 178,516-square-foot O’Hare Gateway Logistics Center in mid-2018, with a scheduled delivery for the end of the year.
Terreno Disposes of MD Industrial Building
The firm sold its 139,000-square-foot asset in Capitol Heights for $20.3 million, which it originally acquired in 2014.