Regions
9-Building Vegas Portfolio Commands $78M
NKF facilitated the deal of the master planned office campus between Washington Capital Management and a joint venture buying group. The office buildings are situated on over 25 acres and are served by ample on-site parking.
Bloomberg’s New HQ Achieves near Perfect BREEAM Score
Slated to open later this month, the new European headquarters is the “world’s most sustainable building,” obtaining a 98.4 percent score in the BREEAM sustainability assessment method.
Economic Consensus Masks Many Uncertainties
While economists foresee little chance of a recession in the near term, potential policy changes could impact the course of the U.S. economy and commercial real estate values, notes Yardi Matrix Associate Director of Research Paul Fiorilla, reporting on the NABE’s Annual Meeting.
Vista Nabs San Diego Office Tower
The asset is located within the Mission Valley submarket and offers 105,796 square feet of space, out of which 10,000 is designated for retail use.
YOTEL Debuts in Asia
The 30-story hotel is situated in the heart of Singapore, offering easy access to the city’s main attractions. Each room is equipped with an adjustable Smartbed, a technowall and smart TV.
Charter Plans New HQ in CT
Five years after moving in, the telecommunications company has outgrown its current downtown Stamford headquarters and has revealed plans for a 500,000-square-foot office building at the Gateway Harbor Point site.
Specialty REITs Raise Most Capital Year-to-Date
The specialty sector raised $25.9 billion in capital year-to-date through Sept. 29, with communications REITs raising more than 40 percent of that total, according to S&P Global Market Intelligence data.
Vantage Builders Completes Boston Beer Makeover
The project included a new mixed blend laboratory, training rooms, barrel storage space and a new tasting room at the brewer’s Jamaica Plain location.
Keep Rising Rates in Perspective
Despite the Federal Reserve’s program to raise interest benchmarks, financing is still available for real estate transactions at historically low rates, explains Gary Limjuco, Transwestern’s senior vice president of structured finance.
Net Lease Cap Rates Trend Lower
After two consecutive quarters of increasing cap rates, the single-tenant net lease sector saw cap rates decline across retail, office and industrial property types, as competition heats up, notes The Boulder Group President Randy Blankstein.