Regions
Top 5 Secondary Markets for Self Storage Development
More than 44 million square feet of storage space was planned or underway in secondary markets as of May. CPE identified the top-performing markets based on the new-supply pipeline as a percentage of existing stock.
Cushman & Wakefield Appoints New CEO for the Americas
Andrew McDonald is taking over from Shawn Mobley, who had served in the role since 2017.
Colony Capital Leads $1.2B Investment in Vantage Data Centers
Valued at $3.5 billion, the new strategic partnership will both boost Vantage’s ability to expand its portfolio and help accelerate Colony’s reorientation toward digital infrastructure.
IQHQ Buys $125M Cambridge Life Sciences Campus
The real estate development company purchased the corporate headquarters of GCP Allied Technologies in a sale-leaseback transaction.
Renaissance Baltimore Harborplace Hotel Commands $80M
Sunstone Hotel Investors reportedly agreed to lower the price of the 622-key waterfront property in response to the pandemic.
Black Creek Buys Northern Virginia Warehouse for $53M
Amazon is one of two tenants at the newly delivered last-mile industrial property in Springfield.
Cohen Asset Management Expands Phoenix Industrial Footprint
The company paid $30.7 million to acquire a 325,800-square-foot logistics property that is fully occupied by two tenants.
Flexible Office Sector Successfully Bends Under COVID-19 Rules
Hana CEO Andrew Kupiec discusses the way increased demand for flexibility and office workers’ concerns are altering the sector’s blueprint.
Portland Pilot Program Eyes Virtual Power Plant
Sponsored by Portland General Electric Co., the initiative will test solar storage batteries as a backup resource.
Skender Names Commercial Construction VP
In his new role, Boris Hornjak will spearhead growth in the company’s office, industrial, hospitality and mixed-use development pipeline.