Tuesday, July 17, 2018 Register | Login
You are here: Industry News » Commercial Real Estate Headlines  
Commercial Real Estate News

In this section we've added RSS feeds from several commercial property news sources.

Click on a headline for a full story, then hit your back arrow for more headlines.

    
CoStar
Caisse de dépôt et placement du Québec, one of Canada's largest pension funds, is making a $250 million preferred equity stake in commercial real estate firm Avison Young, which plans to use the cash to accelerate its plans for global growth. Avison said it would invest in acquisitions and the recruitment of key professionals. A portion of the proceeds will also be used to repurchase the shares held by the firm's current private equity partner...
The "French Fry" building, which formerly housed McDonald's innovation offices, has been targeted for demolition by Hines as the company looks to re-zone the site for mixed use.Hines is seeking permission to level a McDonald’s Corp. building in Oak Brook, IL, affectionately known as the "French fry building" to create a new village center for the Chicago suburb. The plans, still in the conceptual phase, are part of a multi-tower office and retail...
A new senior housing building developed by Bridgewood Property and equity partner Harrison Street Capital at 1015 South Shepherd Drive, one of the housing communities the venture is developing. The quarter-acre development site on Kelvin Drive in Houston’s tony West University neighborhood seemed perfectly suited for a variety of options -- an upscale condo tower, perhaps more luxury apartments, or even a high-rise of student housing units catering...
The Elitch Gardens Theme and Water Park redevelopment team in Denver wants to create six metropolitan districts at the site as part of a planned project that could double the downtown acreage of Colorado's largest city in the next quarter century. The addition of the districts around the downtown amusement park, one feature that sets Denver apart among large U.S. cities, will allow for the use of common urban redevelopment tools for the project...
Katerra opened a factory in Phoenix last year, the first of five planned manufacturing plants across the United States. Photo courtesy of Katerra. Katerra, a fast-growing building parts maker near Northern California's Silicon Valley, is using billions in venture capital dollars to show that construction does not have to be a low-tech enterprise. The Menlo Park, CA-based maker of wall panels, floor systems and other building components for multifamily...
      
National Real Estate Investor
Among the key factors affecting the sudden rise in TI allowances is a significant increase in new inventory that impacted supply and demand dynamics nationally.
A good sub-market for a value-add play should show a difference of several hundred dollars between the cost of renting a new, luxury apartment and the cost of renting an older unit.
Co-working, or sharing a building or floor, has proved so important to office real estate in the New York borough that the market would actually be shrinking without it.
There was a boost in retail spending in June, the Wall Street Journal reports. A protectionism culture could curb real estate investment by sovereign wealth funds, according to South China Morning Post. These are among today’s must reads from around the commercial real estate industry.
The importance of sustainability in commercial real estate as a growth engine is now recognized by market participants both on the equity and on the debt side.
      
Wall Street Journal
Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.
The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump’s son-in-law and adviser.
Normandy Real Estate Partners’ $133 million deal for the upper portion of ABC Carpet’s flagship store is an example of office space edging into territory that once was retail’s domain.
When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.
      
Contact Us
 

metrointelligence

(818) 584-1848
Toll-Free:
(888) 82-DEVELOP
Email:
info@metrointel.com

 

    
Home  |  Our Services  |  Custom Reports  |  Clients  |  Industry News
Copyright (c) 2007-2018 MetroIntelligence   |  Privacy Statement  |  Terms Of Use