Regions
Dubai Picks Team for $3.9B Solar Project
A consortium led by Shanghai Electric and ACWA Power will build the 700-megawatt fourth phase of Mohammed bin Rashid Al Maktoum Solar Park, touted as the largest facility of its kind.
InvenTrust Acquires $115M LA Shopping Center
The 275,000-square-foot River Oaks shopping plaza features tenants such as Target, buybuyBaby, Total Women Gym & Spa, Big 5 Sporting Goods, Sprouts, ULTA and Pier 1 Imports.
Chinese Investment in US Real Estate Likely to Slow
China’s new set of restrictions on foreign investment is expected to impact U.S. real estate. Morris, Manning & Martin’s Samantha Ahuja weighs in on the extent of the effect and the alternatives for Chinese investors.
Monday Properties Hires New SVP
Wes Machowsky is the firm’s newest senior vice president of acquisitions, bringing vast real estate capital markets and leasing experience to the position.
Investment Activity Picks Up in 2Q
Total investment volume increased from $101.2 billion in the first quarter to $103.8 billion in the second quarter, according to Real Capital Analytics data.
US Equity REITs Keep Development Exposure in Check
REITs continue to maintain the discipline they’ve exhibited throughout this post-crisis cycle, with several sectors’ growth in tenant demand keeping pace with the development pipeline, observes Steven Marks, Fitch Ratings’ Head of U.S. REITs.
Economic Costs of Twin Disasters
The two storms will rank among the costliest in U.S. history, and that goes for the real estate industry, too, notes Avison Young Principal Jay Maddox.
Past Storms Offer Clues About Impact on CRE
It is too early to make definitive conclusions about Harvey and Irma’s impact on CRE valuations, but it is reasonable to expect CRE investment conditions to return to normalcy in the long term, argues Situs RERC President Ken Riggs.
Iron Mountain Opens NoVa Facility
The company opened its first data center in Prince William County, with three more scheduled for construction on the campus. The 165,000-square-foot, 10.5-megawatt facility is the company’s fifth U.S. data center.
Timing the Market: An Open Letter to Net Lease Sellers
While today’s market conditions favor net lease sellers, it’s important for investors to understand market trends and potential challenges when considering a sale, notes Stan Johnson Co. Director Anne Perrault.