COMMERCIAL REAL ESTATE HEADLINE NEWS

 
 

CRE Headline News

Commercial Property Executive

  • newPower Generation Feels Winds of Change
    Renewable sources achieved a milestone this spring, and new projects could lead to a dramatic expansion of green power over the next several years.
    - 2 hours ago 20 Jun 19, 3:32am -
  • newTenants Sound Off on Office Upkeep
    Office workers have a lot of opinions when it comes to office maintenance and cleaning in the workplace. Here’s what they reported liking the most and the least.
    - 8 hours ago 19 Jun 19, 9:02pm -
  • newSale Leasebacks Drive Up Supply in Net Lease Casual Dining Sector
    This sector of net lease retail is one of the few that is e-commerce resistant while offering absolute triple net leases and rental escalations over the life of the lease, according to The Boulder Group's Randy Blankstein.
    - 10 hours ago 19 Jun 19, 7:31pm -
  • newLower Rates Raise All Boats
    The Federal Reserve voted not to drop the benchmark rate at its June meeting, but the commercial real estate market will still be largely interest-rate driven for the remainder of the year, says Calkain's Jonathan Hipp.
    - 10 hours ago 19 Jun 19, 7:25pm -
  • newQ&A: Fannie Mae’s RAD Financing Push
    Fannie's head of Affordable and Green Financing talks about the GSE's participation in the program that transitions public housing to Section 8 housing to address the tremendous need for renovation capital.
    - 11 hours ago 19 Jun 19, 6:48pm -
  • newTampa Office Building Commands $52M
    The Class A, 217,022-square-foot asset in the Westshore Business District underwent complete renovations worth $2.5 million in 2015. Cushman & Wakefield assisted the seller in the disposition.
    - 12 hours ago 19 Jun 19, 5:09pm -
  • newNuveen, Crescent Communities Buy Charlotte Office Tower
    The joint venture acquired 101 North Tryon, a 546,878-square-foot property in the central business district that was renovated last year.
    - 12 hours ago 19 Jun 19, 5:06pm -
  • newStrategic Real Estate Acquires NJ Office Complex
    The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
    - 12 hours ago 19 Jun 19, 4:55pm -
  • newVentas Reveals $800M in Projects for Research & Innovation Business
    The four university-related developments, totaling 1.3 million square feet in Pittsburgh, Pennsylvania and St. Louis, are part of a $1.5 billion construction pipeline with Wexford Science & Technology.
    - 13 hours ago 19 Jun 19, 4:49pm -
  • newDallas Office Campus Changes Hands
    The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
    - 13 hours ago 19 Jun 19, 4:36pm -

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  • newCerberus & Hines Acquire Texas’ Tallest Building in $627M Transaction
    Cerberus Capital partnered with Hines to pay $627 million for the 1.7-million-square-foot JP Morgan Chase Tower, at 600 Travis in downtown Houston. The deal includes the adjacent 407,000-square-foot Chase Center, at 601 Travis. The seller was Hairiri…
    - 14 hours ago 19 Jun 19, 3:30pm -
  • newFormer San Diego Mission Federal Credit Union HQ Sold
    San Diego-based Mission Federal Credit Union sold the former headquarters for Mission Federal Credit Union in San Diego to Alvarez & Marsal Capital Real Estate, a SoCal creative office developer, for $10.4 million. CBRE’s Matt Pourcho, Anthony DeLo…
    - 22 hours ago 19 Jun 19, 7:25am -
  • newChuze Claims Fontana Space for New Gym
    Chuze Fitness signed a 45,000-square-foot lease at 14574 Baseline Ave. in Fontana, CA. The gym will join the Morningside Marketplace neighborhood shopping center in space formerly occupied by Ralphs Grocery, leaving roughly 12,000 square-feet for a s…
    - 22 hours ago 19 Jun 19, 7:24am -
  • newHilton Opens Bay Area’s First Modular Built Hotel
    Hilton unveiled Home2 Suites by Hilton San Francisco Airport North, a new hotel in its all-suites portfolio. The property, owned by Sri Krishna Enterprises Inc., is the first hotel to open in Bay Area history that was built through modular constructi…
    - 22 hours ago 19 Jun 19, 7:23am -
  • newSentre Divests Tustin Industrial to Alere
    San Diego-based Sentre sold a 56,190 square-foot industrial site at 15201 Woodlawn Ave. in Tustin, CA to Newport Beach, CA-based Alere Property Group LLC for $11.4 million. The highly-functional industrial location is a single-tenant facility and cur…
    - 22 hours ago 19 Jun 19, 7:22am -
  • newOnni Group Secures $550M Acquisition Loan for Wilshire Courtyard
    Canadian investor Onni Group received $550.2 million in floating-rate financing for the acquisition of Wilshire Courtyard on Los Angeles’ Miracle Mile. The two office buildings contain more than one million square feet of space, and are located at…
    - 22 hours ago 19 Jun 19, 7:21am -
  • newGoogle Funding 20K Bay Area Homes with $1B Commitment
    Google plans to invest $1 billion in housing across the Bay Area, with a goal of adding 20,000 new homes. Google CEO Sundar Pichai wrote in a blog post about the investment, “As we work to build a more helpful Google, we know our responsibility to…
    - 22 hours ago 19 Jun 19, 7:20am -
  • newFlexential Expands Data Center Footprint in Hillsboro to 500K SF
    Flexential plans to develop a state-of-the-art data center in the Portland, OR metro that will increase its footprint in the market to more than 500,000 gross square feet upon completion. Flexential plans to construct its new facility, the largest to…
    - 22 hours ago 19 Jun 19, 7:14am -
  • newSeattle’s Historic Louisa Hotel Re-born as Apartments
    A partnership between the Woo family, Intellectual Ventures and Gaard Development, is set to open the historic Louisa Hotel as an 85-unit multifamily property in Seattle. The redeveloped 110-year-old building, located at South King Street and Seventh…
    - 22 hours ago 19 Jun 19, 7:13am -
  • newBritish Airways Parent Orders 200 Boeing 737 MAX Airplanes
    International Airlines Group (IAG), parent company of British Airways, plans to build its future fleet with the Boeing 737 MAX and placed an order to purchase 200 MAX jets. The deal signed at the Paris Air Show would be valued at more than $24 billio…
    - 22 hours ago 19 Jun 19, 7:12am -
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