Regions
Former NC Kmart Becomes 70 KSF Self-Storage Facility
Aston Properties made its first retail to self-storage conversion by transforming an old Kmart store in Monroe into a self-storage property that will be managed by Extra Space Storage.
Macmillan Leaves Flatiron Building for Lower Manhattan
The publishing company will relocate to the 1.9 million-square-foot office tower at 120 Broadway, pushing the building’s lease level to 96 percent.
St. John Properties Breaks Ground on SLC Campus
The company is investing $250 million in the development of Valley Grove, a 62-acre master-planned community in Pleasant Grove City, Utah.
Data Center Sector Driven by M&A, Cloud Demand
Construction rose by a whopping 43 percent in the first half of 2017, while industry consolidation powered a $13 billion surge in mergers and acquisitions, according to a new JLL report.
Economy Watch: Slowing Development in CA May Point to Nationwide Issue
Despite positive economic data like low unemployment and income increases, all property types are expected to see a construction slowdown in the Golden State, according to the recently released Allen Matkins/UCLA Anderson forecast.
duETS Product Invites New Players to Real Estate Field
Global Index Group CEO Kelly Haughton discusses the launch of duETS, a synthetic investment product that provides investors with a new way to participate in the private real estate market.
Industrial, Self-Storage REITs Performing Well
The two sectors were among the leaders of all publicly traded U.S. equity REITs in terms of the last 12 months funds from operations, according to S&P Global Market Intelligence data.
High Volatility CRE, Revisited
Avison Young Principal Jay Maddox discusses how the implementation of HVCRE rules has negatively impacted borrowers and created uncertainty for lenders, as well as the current efforts to soften the regulation.
How Low Can You Go? CMBS Market in Limbo
New risk retention rules and shifting investor interest are contributing to the subdued state of the CMBS market, argues BDO USA Partner Stuart Eisenberg. Alternative lenders like private equity firms and REITs are stepping in to fill the gap.
Increase of the Net Lease Dollar Store
The majority of the product comes from new construction properties, as tenants continue to expand at an aggressive pace, notes The Boulder Group President Randy Blankstein.