Regions
Shorter-Term Net Leases Gain Favor
As today’s buyers search for yield, properties with shorter lease terms have become sought-after investments for a certain sophisticated investor pool, notes Andrew Watson, managing director & leader of Transwestern’s National Net Lease and Sale-Leaseback Group.
Industrial Property Trust Nabs 104 KSF Asset
The company purchased the property in the Rancho Dominguez submarket of Los Angeles County for $12 million and has a $2.5 million renovation underway.
Equinix Invests $42M in SY4 Data Center Expansion
Phase two of the International Business Exchange data center will feature 1,500 additional cabinets, bringing the facility’s total capacity to 3,000. Delivery is scheduled for year-end 2017.
Mid-Year Trends in CRE Financing
Dekel Capital Managing Principal Shlomi Ronen discusses how lenders are keeping the balance between borrower demand and new regulations and other mid-year trends in real estate financing.
JLL Arranges $39M Sale of Phoenix Industrial Portfolio
Colony Northstar is the new owner of two institutional grade warehouses totaling more than 558,000 square feet. Both buildings offer flexible space that can accommodate single and multi-tenant layouts.
Lifescapes Completes Design for $1.1B Resort in South Korea
Paradise Group and Sega Sammy Holdings are developing the 83-acre project, which will include a luxury hotel, a casino, a convention center, an art gallery, retail and restaurants.
Curio Collection Opens First Hotel in Rome
The 88-key Aleph Rome Hotel is the first property in Rome and the second in Italy to join the brand.
MRM Capital Buys Seattle Office Campus
The property was completed in 1990 and incorporates nearly 195,000 square feet of Class A office space anchored by Allstate Insurance.
Streetplus to Manage 3 San Fran Benefit Districts
All three downtown Community Benefit Districts were previously managed by MJM management Group, which will serve as a local advisor to Streetplus over the next two years.
Hanley Negotiates $29M Inland Empire Retail Sale
Phillips Edison & Co. snagged the 110,004-square-foot Corona, Calif., property in the face of a competitive market for limited available properties.