CBRE
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
From Deserted to Dynamic: A Cincinnati Success Story
Once considered one of the most dangerous places in the U.S., Cincinnati’s Over-the-Rhine neighborhood has become a development and business magnet. Over the last decade, the area has attracted more than $1 billion in investment. Travis Likes, first vice president at CBRE Cincinnati, explains this remarkable metamorphosis.
CBRE Brokers $25M Sale of Luxury Resort in Panama
The buyer acquired the majority stake in the five-star property, which is part of the Trump Ocean Club International Hotel and Tower Panama.
SGPS Buys 42KSF Medical Centers West of Atlanta
SK Commercial Realty and CBRE represented the sellers of the two facilities in Douglasville, Ga., in the $7.5 million transaction.
CBRE Grows Miami Leasing Team
Alina Plasencia joins the leasing team of Carol Ellis-Cutler amid an upswing of development and investor demand for office space in northern Miami-Dade County.
Economy Watch: Aging Population to Support Medical Office Demand
The population of people over age 65 is expected to nearly double between 2015 and 2055, which is an encouraging factor supporting long-term demand for medical office space, according to a new CBRE Research report.
CBRE Expands East Bay Industrial Group
Kevin Hatcher joins as senior vice president of industrial and logistics in Oakland, Calif. He has more than 500 lease and sale transactions in excess of $3 billion under his belt.
Economy Watch: US Hotels to Grow at Slower Pace in 2018
Excess supply is a major reason why 50 of the 60 top markets CBRE Hotels’ Americas Research highlighted in the firm’s latest report are projected to see a declined in occupancy in 2018.
Stonemont Buys $1.3B Net Lease Portfolio
CBRE Capital Markets arranged the transaction on behalf of the seller, Oak Street Real Estate Capital, and secured $1.1 billion in acquisition financing for Stonemont. The deal encompasses 100 assets in 20 states.
Informa Consolidates NYC Offices in Midtown
Fisher Brothers will welcome the events and publishing company to 605 Third Ave., a recently renovated Class A office tower. The firm plans to occupy three floors by the first quarter of 2018.