Uncategorized

DAILY READS: Dec. 4, 2019

Start your day smarter. Commercial Property Executive now delivers a daily batch of other critical content for you to read, listen to and watch.

Risky Business: Cybersecurity and the U.S. Electric Grid

The federal government must develop a comprehensive strategy to protect the power system grid from attack, concludes a new GAO report.

Brookfield Opens Manhattan West Office Tower

The 2.1 million-square-foot One Manhattan West skyscraper is 90 percent leased to major tenants including the NHL and Ernst & Young.

Best Bets for Getting Financed

Debt capital remains abundant, but emerging developers and investors have a harder time tapping into the flows. Seasoned investment bankers offer successful strategies for getting financed now.

JLL to Buy Dallas-Based CRE Firm

Peloton Commercial Real Estate is a leasing and property management firm with offices in Houston and Dallas.

Mortgage Originations Trending Upward

Despite predications for a more tempered lending environment this year, second-quarter originations rose above the same period last year and the momentum is building, according to Jamie Woodwell of the Mortgage Bankers Association.

Construction Begins on UChicago Wellness Center

The project includes ground-floor renovations at the campus’ historic Lying-In Hospital and the addition of a single-story glass structure.

San Diego-Area Shopping Center Changes Hands

Greenstreet Partners sold Poway Crossings for $27 million. The 109,455-square-foot retail center was 80 percent occupied at the time of the transaction.

High Street Realty Buys 2 Chicago-Area Logistic Facilities

The two industrial properties, which are located in Lake County, belonged to Diversified International Partners Fund and total 108,554 square feet.

Costly Upgrades Loom for US Transmission Grid

Infrastructure and distribution upgrades needed to handle increased electrification demands could cost up to $90 billion by 2030 and several times more by 2050.