Regions
Terreno Sells $11.5M Industrial Asset in Baltimore Area
The Jessup property previously changed hands in March 2011, when the California-based company shelled out $5.8 million, less than the $6.9 million it traded for in 2005.
Calare Grabs CT Industrial Property
The 175,000-square-foot warehouse was renovated in 2002 and is located roughly halfway between New York City and Providence, offering immediate access to the Interstate 91 corridor.
TD Bank’s Hugh Allen Names Hot Southeast Zip Codes
Atlanta, Charlotte, N.C., and Charleston, S.C., are among the most popular metros for commercial real estate growth and expansion, according to TD Bank’s regional director of CRE for the Carolinas.
NYC’s 10 Hudson Yards Achieves LEED Platinum Status
The 1.8 million-square-foot office tower at Related Cos. and Oxford Properties Group’s $20 billion Hudson Yards mixed-use development becomes the first commercial office building in New York to achieve the coveted Platinum rating since USGBC’s launch of the LEED v2009 rating system.
Aon Acquires The Townsend Group
With this purchase, the company’s investment organization now manages more than $130 billion of worldwide assets. Morgan Stanley & Co. served as the seller’s financial advisor.
HFF Closes Financing for 7-Building Denver Industrial Park
The company placed a $11.2 million acquisition loan on behalf of the borrower, The Bendetti Co. The property is situated 23 miles from Denver International Airport.
CenterPoint Increases Bay Area Footprint
The company’s latest acquisition, a nearly 200,000-square-foot rail-served industrial property, sits near the entrance to the San Mateo-Hayward Bridge, enabling convenient access throughout the Bay Area.
Economy Watch Weekly: Store Closures to Accelerate in 2018
With certain retailers at risk of facing bankruptcy, the sector is expected to face a record number of store closures in 2018. Economy Editor Dees Stribling examines the implications, for the week ending Dec. 29, 2017.
Top 10 Posts of 2017
Miss out on any CPE articles in 2017? Catch up on our most popular posts of the year.
Economy Watch: Some 12K Stores at Risk of Closure in 2018
Despite a strong holiday season, retailers will still face a wave of closures in 2018 that will likely surpass the 9,000 stores closed in 2017, according to recent Cushman & Wakefield estimates.