Regions
Mixed-Use, Industrial Developments Underway in San Diego
RAF Pacifica plans to develop a 26,000-square-foot mixed-use project and a 169,087-square-foot industrial R&D facility in two of the city’s submarkets by 2018.
1 Hotels Debuts in Brooklyn
The 194-key, sustainability conscious property chose Earth Day for its grand opening. This is the flag’s first ground-up build, flagship property in the area.
Carnegie Hall Tower Lands $325M Refi
This marks Singer & Bassuk’s fifth financing arranged for the 60-story skyscraper since 1988. The César Pelli-designed iconic building won an Honor Award from the American Institute of Architects.
Meraas to Debut 4 New Hotel Brands in Dubai
The company is not alone in its bid to enhance the city’s hospitality market, as the metro sports the largest guestroom pipeline of any city in the world.
Omni to Develop 1,050-Key Hotel on Boston’s Waterfront
The two-tower property, which will be located directly across the street from the Boston Convention and Exhibition Center, is expected to open in early 2021.
Santa Clarita Shopping Center Trades for $70M
The 153,686-square-foot center, which is 95 percent occupied, traded in an off-market transaction brokered by Colliers International.
C&W Taps New Eastern Asset Services Lead
Dan Pufunt will focus on client care, team engagement, cultivating best practices, executing consistent processes and procedures and recruiting top industry professionals.
NGKF Closes Sale of LA-Area Office Campus
The four buildings comprise a total of 394,524 square feet of Class A space and are 95 percent occupied.
Economy Watch Weekly: Retail Bankruptcies Already Equal to 2016 Total
The rise of e-commerce, oversupply of shopping centers and changing Millennial preferences are among the key factors forcing many retailers to close up shop, reports Economy Editor Dees Stribling.
Economy Watch: Industrial Still Likely to Benefit from Free Trade
While the Trump administration plans to bolster U.S. exports and reduce imports, a trade war with China or a U.S. withdrawal from NAFTA are unlikely, which bodes well for industrial development and absorption, according to a recent Cushman & Wakefield research report.