Regions
CBRE Brokers $25M Sale of Luxury Resort in Panama
The buyer acquired the majority stake in the five-star property, which is part of the Trump Ocean Club International Hotel and Tower Panama.
Phoenix Investors Expands WI Industrial Footprint
The Milwaukee-based commercial real estate company added two new assets to its portfolio as Wisconsin Bank and Trust originated the senior mortgage financing.
Marcus & Millichap Hires Retail SVP
Scott Hook rejoins the firm’s Newport Beach, Calif., office, following more than two decades with the firm. He will focus on retail transactions throughout the western U.S., with an emphasis on Southern California.
RAF Pacifica to Develop Carlsbad Distribution Facility
The Class A project for San Diego Hat Co. is slated for completion in the second quarter of 2018. The developer has more than 750,000 square feet of Class A industrial creative space under construction in this submarket.
Brixmor Sells Buffalo Shopping Center
In a deal brokered by Cushman & Wakefield, an affiliate of Brixmor Property Group sold a 95,544-square-foot retail center in Buffalo, N.Y. At the time of the sale, McKinley Plaza was 98 percent occupied.
Economy Watch: Consumer Confidence Buoyant in August
The Conference Board’s Consumer Confidence Index rose again this month, which is good news for retailers that depend on optimistic consumers.
NJ Industrial Asset Attracts Long-Term Investment
The 158,000-square-foot property is located in the northern part of the state, an increasingly appealing area to buyers searching for stable, income-generating properties in lower-barrier markets.
Premier Delivers Fulfillment Center in Illinois
The company partnered with Bridge Development to build more than 626,000 square feet of warehouse and office space within Bridge Point North, a 240-acre business park in Waukegan.
Voit Facilitates $19M San Diego Flex/Office Sale
The new owner of the portfolio, consisting of a 37,000-square-foot office building and a 103,470-square-foot industrial building, plans an extensive renovation and repositioning of both assets.
Greenhouse Gas Emissions: Worlds’ Most Responsible Companies
Since 1988, just 100 companies have been responsible for nearly 71 percent of the entire world’s industrial greenhouse gas emissions.