Regions
Historic Bowles Hall Awarded LEED Silver Certification
The eight-story castle-like building underwent a $40 million renovation which, at completion, led to the property’s Innovator Award for Best Renovation of Existing University Housing in addition to the LEED certification.
Poll: Renewable Energy
CPE has a new poll! We want to know if any of the properties you invest in, manage or represent, use on-site renewable energy.
HSA, USAA Buy 46 KSF MOB
Colliers represented the seller of the Class A building—anchored by North Clinic—in Plymouth, Minn. The commercial real estate services firm will also spearhead leasing efforts.
Sacramento Republic FC Brings it Home
The MLS-hopefuls have launched the first phase of a $245 million soccer stadium at the Railyards, the largest urban infill project in the country.
Divaris Arranges Sale of Historic Annapolis Building
In addition to facilitating the $2.3 million deal, the company also completed a lease negotiation in Arlington, Va. Divaris’ leasing and management portfolio in the Mid-Atlantic and South-Central U.S. exceeds 30 million square feet.
Creative Co-Working Space to Open in Columbus Suburb
Brick House Blue in Dublin, Ohio, is set to open late this fall. The 9,000-square-foot meeting space is part of Bridge Park and will unify distinct business owners in a collaborative work environment.
Urstadt Biddle Invests in NJ Shopping Center
The company acquired an equity interest in a new partnership that purchased the 75,400-square-foot, mixed-use Washington Commons Shopping Center in Dumont, N.J. The property encompasses retail, restaurant and apartment units.
Economy Watch Weekly: July Marks Good Month for Job Growth
The U.S. economy has experienced three solid months of job gains, with 209,000 positions being added in July, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling breaks down the jobs numbers.
Economy Watch: Investment in Non-Residential Structures Gains in Q2
By D.C. Stribling, Contributing Editor Investment in non-residential U.S. structures increased at a 5.2 percent annualized pace during the second quarter of 2017, the Bureau of Economic Analysis reported on Monday. That’s a marked change from early last year, when the pace of non-residential investment was dragged down due to a drop in petroleum exploration. Property type variation Investment in office properties increased during the second quarter, and is up 13 percent year-over-year. The pace of investment in that property type is almost as high as during the years before the recession, as a percent of GDP. As of the…
Market Measure
Midway through 2017, the commercial and multifamily markets are characterized by a mix of caution and confidence.