Regions
Colliers Brokers San Diego Retail Condo Sale
The company’s Urban Property Group also secured the first tenant for the 3,044-square-foot, two-unit retail condominium in Bankers Hill—Brooklyn Bicycles.
Economy Watch Weekly: First-Quarter Metrics Point to Slower Start
As economic metrics for the first few months of the year start to trickle in, the figures seem to suggest the U.S. economy is off to a slower start in 2017. Economy Editor Dees Stribling discusses some of these metrics, including GDP, consumer confidence and hotel occupancy.
JM Adds New VP to Denver Office
Holding more than two decades of experience in the field, Marcia Howes will be responsible for leading the company’s global supply chain organization.
Economy Watch: Construction Spending Edges Down in March
While spending on construction projects declined for the month, the figure is above the March 2016 rate. Lodging and health care spending was up for the month, while office and other commercial spending was down.
PCCP Refinances Chicago Retail Center
Village Market, located within the Lakeshore East development, belongs to a joint venture between Magellan Development Co. and Hanwha Engineering & Construction.
WeWork-Anchored LA Landmark Sells for $43 Million
Sorgente Group sold the Fine Arts Building, a historic 115,902-square-foot office property in the city’s Financial District, which hit the market in September 2016.
Care Capital Properties Buys $400M Behavioral Health Portfolio
The six properties, located in California, Arizona and Illinois, will be leased back to affiliates of Signature Healthcare Services, the seller.
Office Outlook Positive for 2017
We’re still witnessing a ‘flight to quality’ mentality among tenants, but vacancy rates are inching higher as new deliveries are outpacing demand, according to JLL’s most recent study.
Mitsubishi Affiliate Launches First US Development Fund
Diamond Realty will use a total equity of $51 million to finance two multifamily projects in Texas and Colorado, as well as a logistics building in California.
HTA Shells Out $2.8B for Duke Realty Portfolio
The nation’s largest owner and operator of medical office buildings will become even larger with the acquisition of 78 health-care properties totaling 6.1 million square feet.