Regions
Economy Watch: Inflation Modest in December
Rising rents and health care costs were the main drivers in December’s inflation increase, which was the largest since January 2017, according to the Bureau of Labor Statistics.
Hudson Pacific to Sell 4 Office Assets for $255M
Different buyers will purchase the properties, which are located in premier markets in Northern and Southern California. The proceeds will go toward value-add acquisitions.
DTLA Creative Campus Lands $122M Financing
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District.
MetLife Investment Lines Up $73M Refi for Manhattan Office
ATCO Properties & Management is using the loan to recapitalize its 18-story building at 240-246 West 35th St. in the Garment District.
Why Emergency Planning Needs to Be Part of Your Business
Whether it be flooding, fires, earthquakes or hurricanes, the past year has been challenging for multifamily operators, who must protect residents while preventing destruction of their communities. The first step is having an efficient and updated plan. It may be time to review yours.
IoT for Efficiency: Yardi Energy’s Cole Schoolland Sheds Light on Energy Management Strategies
Energy data can tell a big story, and two measurements taken 11 years apart speak volumes.
Life Sciences Remodel 2018 CRE Landscape
Strong demand drivers, rapid technological advances and plentiful capital stimulate growth in the life sciences sector, according to CBRE’s latest 2018 outlook. But the downsides of swift growth often defy expectations.
OMP Signs Torani to 327 KSF in Bay Area
The 15-year lease, valued at $65 million, will lead to the company’s relocation out of South San Francisco into a new manufacturing facility.
STORE Capital Buys AZ, CA Assets for $21M
The two properties sold by Erickson Construction feature railroad spurs and are located near major thoroughfares. The transaction involved a lease contract for STORE Capital.
Hanley Arranges Sale of CA Fitness Center
The company brokered the sale of the 31,062-square-foot space occupied by In-Shape Health Clubs. The company represented the seller, a family trust, in the transaction.