COMMERCIAL REAL ESTATE HEADLINE NEWS

 
 

CRE Headline News

Commercial Property Executive

  • newCambridge Engineering Debuts Evaporative HVAC Units
    The E-Series and ESC-Series use significantly less energy than conventional air handling units without the use of refrigerants.
    - 12 hours ago 17 Feb 19, 6:01pm -
  • newMBA CREF 2019 Coverage
    Sports legends Peyton Manning and Bill Walton, along with dozens of industry experts addressed, the Mortgage Bankers Association Commercial Real Estate Finance conference.
    - 20 hours ago 17 Feb 19, 10:30am -
  • JV Acquires 387 KSF Office Portfolio in NC
    An HFF team assisted the seller in the disposition of Mendenhall Business Park, a six-building property in the Piedmont Triad Airport submarket of High Point, N.C.
    - 2 days ago 15 Feb 19, 8:14pm -
  • NTE Energy to Open Charlotte Satellite Office
    The independent power producer leased roughly 1,900 square feet on the 27th floor of Charlotte Plaza, a 630,000-square-foot office building in the city’s CBD.
    - 2 days ago 15 Feb 19, 8:07pm -
  • Top 5 NYC Multifamily Sales
    PropertyShark compiled the top 5 multifamily sales for January 2019 in New York City.
    - 3 days ago 15 Feb 19, 4:42pm -
  • 2019 Rent Growth
    A year-over-year comparison of all asset classes across 30 major metros, provided monthly by Yardi Matrix.
    - 3 days ago 15 Feb 19, 4:35pm -
  • National Self Storage Portfolio Secures $222M
    KeyBank provided three loans in two separate transactions for a SmartStop storage portfolio located in 12 states across the country.
    - 3 days ago 15 Feb 19, 4:29pm -
  • Atlanta Boasts 6 of the Nation’s Top 20 Trending Suburbs for Renters
    Looking into renter population changes between 2011 and 2016, as well as rent changes between 2014 and 2018, RENTCafé analysts highlighted the most popular suburbs for renters.
    - 3 days ago 15 Feb 19, 4:29pm -
  • Apartment Jobs Snapshot for January 2019
    This month’s edition spotlights the maintenance technician. Demand for these positions were more than three times the U.S. average in Raleigh, Portland, Jacksonville and Denver.
    - 3 days ago 15 Feb 19, 4:26pm -
  • Asset Value Growth Indexes
    At the national level, it took until the third quarter of 2014 for assets to regain what they had lost but asset values have continued to climb and as at the end of Q3 2018, were 25 percent higher than their pre-crisis peak, according to the MSCI U.S…
    - 3 days ago 15 Feb 19, 3:54pm -

National RE Investor

Wall Street Journal

  • CBRE Global Investors Buys Stake in Three GGP Malls
    One of the world’s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.
    - 27 Aug 18, 11:35pm -
  • FAO Schwarz Is Returning to New York
    A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.
    - 27 Aug 18, 10:52pm -
  • Bottle Maker Quadruples Manhattan Office Space
    S’well Bottle, a maker of reusable beverage bottles, has quadrupled its office space, landing a two-year sublet in the Flatiron District of Manhattan, the company announced.
    - 15 Aug 18, 7:12pm -
  • Target to Open on the Lower East Side
    Target Corp. has signed a lease to open a 22,500 square-foot store at the 1.9 million-square-foot development stretching across several Manhattan blocks called Essex Crossing.
    - 15 Aug 18, 6:47pm -
  • Chocolate Giant Ferrero to Look for Innovation at Cornell Tech
    Ferrero, Italian manufacturer of sweets and chocolates, is setting up an innovation outpost at Cornell University’s technology campus on Roosevelt Island in New York City.
    - 15 Aug 18, 6:47pm -
  • Apple Headquarters Signals Tech's Boom, Bravado
    Apple Inc.’s new headquarters in Silicon Valley is the most lavish in a spate of glitzy new architectural projects by tech titans at a time when their businesses are booming and market valuations are soaring.
    - 15 Aug 18, 6:15pm -
  • Value of Trump's Golf Clubs Lags Behind Investment Surge
    President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.
    - 15 Aug 18, 6:00pm -
  • Supermarkets Face a Growing Problem: Too Much Space
    A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals.
    - 15 Aug 18, 5:32pm -
  • New Jersey Office Rents Near Records
    Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.
    - 15 Aug 18, 4:40pm -
  • Malls Never Wanted Gyms. Now They Court Them
    Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they’re giving health clubs some of their best real estate.
    - 15 Aug 18, 4:38pm -

GlobeSt

  • Where Will Amazon's 25,000 Lost Jobs Go?
    Sorry, Arlington, you probably won't be getting the bulk of the jobs originally slated for Queens.       
    - 3 days ago 15 Feb 19, 12:43pm -
  • Amazon's Reversal: CRE Insiders and Political Leaders Respond
    Several people called Amazon's turnaround on its Long Island City, Queens HQ2 “a sad day but some recognize deals often require buy-in from people with different views.       
    - 3 days ago 15 Feb 19, 12:17pm -
  • Industrial Logistics Properties Trust Buys Two Portfolios For $905M
    The REIT has acquired more than $1 billion of properties since its IPO in January 2018.       
    - 3 days ago 15 Feb 19, 12:12pm -
  • Technology's Burgeoning Impact on the Multifamily Sector
    An array of emerging tools is changing the landscape for multifamily lenders, owners, and tenants in innovative ways.       
    - 3 days ago 15 Feb 19, 9:00am -
  • Is There Too Much Capital?
    With the growth of debt funds, panelists at MBA Cref/Multifamily Housing Convention and Expo 2019 say that what is most important is to find innovative ways to work with its borrowers.       
    - 3 days ago 15 Feb 19, 9:00am -
  • Savills Launches Coworking Program in US
    In light of the growing flexible office space market, the brokerage and real estate advisor has made its Workthere services available in the US.       
    - 3 days ago 14 Feb 19, 7:30pm -
  • Google Plans $13B In CRE Investments Across US
    Google's expansion will enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia.       
    - 4 days ago 14 Feb 19, 12:36pm -
  • Many Opportunity Zones Are Already Gentrified
    A new analysis of opportunity zones shows that several of the identified markets in need of capital investment have already seen significant capital investment.       
    - 4 days ago 14 Feb 19, 9:00am -
  • How to Navigate Federal Regulations
    Panelists at MBA CREF/Multifamily Housing Convention and Expo 2019 talk about HUD's perspective on the housing crisis and collaborative efforts over the past year to tackle issues affecting FHA programs       
    - 4 days ago 14 Feb 19, 9:00am -
  • Amazon Abandons HQ2 Project in New York City
    The e-commerce giant in a statement released today, while praising Cuomo, de Blasio and others, cited the vocal opposition by some political and civic leaders as the reason for its decision.       
    - 4 days ago 14 Feb 19, 5:26am -

CRE News

BizJournals

CoStar

Connect CRE

  • MBA CREF 2019: Refinance Rather than Sell Below Asking Price, Why?
    Connect Media attended MBA CREF 2019 in San Diego this week to network with finance industry leaders. Our cameras were rolling during the conference, and we heard a wide array of interesting insights. We talked to Greystone’s Ana Ramos, EBI Consult…
    - 2 days ago 16 Feb 19, 8:27am -
  • MBA CREF 2019: Experts Share Expectations for Loan Originations
    Connect Media attended MBA CREF 2019 in San Diego this week to network with finance industry leaders. Our cameras were rolling during the conference, and we heard a wide array of interesting insights. We talked to EBI Consulting’s Dan Spinogatti, G…
    - 2 days ago 16 Feb 19, 8:26am -
  • Brookfield Gives Autonomous Vehicles a Test Drive
    At a few luxury apartment complexes, renter amenities include access to on-call ride-sharing fleets. Beginning in June, office tenants at Brookfield Properties’ Halley Rise $1.4-billion mixed-use development in Reston, VA will be able to take thems…
    - 3 days ago 15 Feb 19, 8:29am -
  • Unemployment at 3.5% or 10%? Two Stress-Test Scenarios
    As news releases go, it wasn’t the most earth-shattering of announcements. A table of interest rates had indicated a rate of 4.6% for the fourth quarter of 2018, but that figure was corrected to 4.8%. Yet coming from the Federal Reserve, which both…
    - 3 days ago 15 Feb 19, 8:28am -
  • Life Sciences Market Still Favors Landlords: JLL Report
    San Diego’s life sciences market continues to be a “landlord favorable” market, with low availability of space and rental rates continuing to rise. The latest sector report from JLL shows total space availability in the life science cluster end…
    - 3 days ago 15 Feb 19, 8:25am -
  • SoCal Ports Import Traffic May Signal Warning
    The ports of Los Angeles and Long Beach reported weaker import numbers for January, suggesting trouble may be ahead. Muted figures sailed in, despite a rush by importers to get goods from China in ahead of possible hefty tariffs. Imports at the Port…
    - 3 days ago 15 Feb 19, 8:24am -
  • Gadsden Growth Properties Acquires East Bay MXU for $240M
    Scottsdale, AZ-based Gadsden Growth Properties, Inc. acquired Mission Hills Square, a mixed-use, ground-up development in Fremont, CA for roughly $240 million in a combination of cash and stock. The seller was Atherton, CA-based Fremont Hills Develop…
    - 3 days ago 15 Feb 19, 8:23am -
  • The Return of Geoffrey the Giraffe
    Geoffrey Money won’t necessarily become a widespread “currency” at Christmastime once again, as it was during the heyday of Toys “R” Us. But a newly-launched company that owns the Geoffrey the Giraffe brand, as well as the Toys “R” Us a…
    - 3 days ago 15 Feb 19, 8:23am -
  • Easterseals SoCal’s New Autism Therapy, Disability Services Center Completed
    Newport Beach-based H. Hendy Associates completed the renovation of a nearly 40,000-square-foot center in Irvine, CA that integrates autism therapy and disability services with administrative offices for Easterseals Southern California. The two-story…
    - 3 days ago 15 Feb 19, 8:22am -
  • Optimus Snags 60K-SF Building in Torrance
    Connect Los Angeles is planned March 21st at the Hotel Indigo Downtown Los Angeles. You can get more information and register on this link. Los Angeles-based Optimus Properties, LLC acquired a 60,804-square-foot office building in Torrance, CA from a…
    - 3 days ago 15 Feb 19, 8:21am -
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