Regions
Economy Watch: Wealthy Individuals Playing Larger Role in CRE Investment Sales
Private investors accounted for nearly 30 percent of all transaction volumes in 2016, with particular interest in residential and commercial properties in some major U.S. cities, according to Knight Frank’s latest wealth report.
Meridian Arranges Refi for Delaware Shopping Center
The loan will be used on Tsonias Management’s Milford Plaza.
Continental Partners Secures Financing for SoCal Property
An electronics manufacturer will relocate its HQ to an industrial site in Moorpark, Calif.
CBRE Opens Smart Building Center in Milwaukee
The property will be used as headquarters for CBRE|ESI, the company’s smart building solutions business.
Columbia Property Trust Grows Footprint in NYC
The company has agreed to purchase 149 Madison Ave., a 127,000-square-foot office building in Manhattan.
Blue Shield Heads to Oakland
The company’s headquarters move from San Francisco is expected to bring $26 million in savings.
New Retail Development Revealed in D.C. Area
Regency Centers Corp. will develop a $44.5 million, 180,000-square-foot shopping mall anchored by a 120,000-square-foot Wegmans Food Market.
Mixed-Use Project Underway in Alexandria
The mixed-use project is co-developed by EDENS and Gables Residential.
Stable Development to Break Ground on Nevada Office Building
The future 51,850-square-foot two-story building is already more than 50 percent pre-leased.