JLL
Retail Investors Pull Back Amid Mall Woes
A new JLL report finds that buyers are getting more selective as structural changes rock the sector. Overall transaction volumes fell in the first quarter, while power center and grocery-anchored assets outperformed.
The Talk of RECon 2019
A sampling of comments from the thousands of retail real estate professionals who attended ICSC’s annual spring convention in Las Vegas last week.
Innovation, Talent Attract CRE Capital
The world’s most tech-savvy and talent-rich cities—including San Francisco, London and San Jose—command a greater portion of real estate investment, according to a new JLL report.
Park Hotels & Resorts Reopens Caribe Hilton in Puerto Rico
The 652-key hotel in San Juan underwent a massive renovation after it was heavily damaged by Hurricane Maria in September 2017.
Will Manhattan’s Office Challenges Hit CMBS Assets?
Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.
WeWork Inks 200 KSF in NYC, DC Coworking Deals
The coworking giant announced it will lease out 111,000 square feet in a new premium office property near Capitol Hill, a day after unveiling a revenue-sharing partnership with RXR Realty at a Rockefeller Center property.
JLL Tapped to Lease Class A Orlando Office Tower
The project will be part of O-Town West, Unicorp National Developments’ planned $1 billion mixed-use project located between Walt Disney World and Sea World.
Spaces Expands Miami CBD Footprint
The workspace provider will occupy three floors at a Class A, 28-story building in the Brickell Financial District, its fourth location in South Florida.
JLL to Anchor Chicago-Area Office Building
The company will anchor one of the three buildings at the Oakmont Point office campus, consolidating its operations in Westmont and Lombard.
Portland Office Campus Trades for $118M
Goldman Sachs Merchant Banking and Lincoln Property Co. bought Field Office a year after its completion. The seller and developer was a joint venture of Project^ and National Real Estate Advisors LLC, which was represented by Newmark Knight Frank.