Regions
Economy Watch: Total Construction Spending Down, Spending on Apartments, Offices Up
While overall construction spending was down in May, it was still an improvement from May 2015, especially in certain sectors.
NAS to Manage Knoxville Area Retail Center
The River Place Shopping center in Sevierville, Tenn., is anchored by a 155,093-square-foot Belk department store.
Hines REIT Seals $1.1B Deal with Blackstone
The REIT will sell an approximately 3 million-square-foot office portfolio to a Blackstone affiliate as part of its liquidation plan.
West LA Office Campus Commands $135M
The new buyer plans to invest in light upgrades at the 21-acre office complex.
Keystone Picks Up Key Office Asset in Philly
The company paid $114 million to acquire a premier office property from Rubenstein Partners.
Canopy by Hilton Enters Portland Market
The 153-key new-build hotel will rise in the city’s bustling Pearl District in 2017.
Historic Mid-Market Building Ready for Tenants
The extensive renovation process was meant to revitalize the property that had been left vacant for roughly three decades.
Skanska Awarded Medical Facility Contract in Evansville
Indiana University will expand its School of Medicine-Evansville campus to the new facility.
Drury Plaza Hotel Indianapolis Carmel Welcomes First Guests
The 303-key property marks Drury Hotels’ third location in the Indianapolis area.
Economy Watch: CRE Prices, Other Metrics Gain Ground
U.S. commercial real estate prices had strong gains in May, but transaction volume still remains lower than last year.