Monday, July 25, 2016 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
It turns out the big buyer with which Liberty Property Trust said it was in discussions for a sizable portion of its suburban office and flex is a familiar name. Workspace Property Trust said it has finalized an agreement to buy 108 office and flex buildings in four states from Liberty Property for approximately $969 million. Led by industry veterans Thomas Rizk and Roger Thomas, Workplace is the same firm that purchased 41 office and flex buildings...
CBL & Associates Properties Inc. closed on the sale of two of its malls in Michigan that it had previously designated for disposition: the 797,251-square-foot Fashion Square Mall in Saginaw and the 613,313-square-foot The Lakes in Muskegon. An unidentified private buyer acquired both malls for a total price of $66.5 million, including the assumption of a $38.2 million loan secured by Fashion Square. Those sales follow the reported but yet to...
Philadelphia-based mall owner PREIT continues to implement its strategy to upgrade its portfolio. The REIT has executed sale agreements and received non-refundable deposits for both the Washington Crown Center in Washington, PA, and the office building it owns at Voorhees Town Center in the New Jersey suburbs of Philadelphia. The 676,000-square-foot Washington Crown Center in Washington, PA, is anchored by Bon-Ton, Macy's, Gander Mountain and Sears...
A leading provider of human resources recruitment software, iCIMS has signed a 350,000-square-foot lease to anchor Bell Works, the large, mixed-use development at 101 Crawfords Corner Rd. in Holmdel, NJ. When iCIMS relocates its corporate headquarters from Matawan, NJ early next year, it expects to bring 550 jobs to the area while retaining future expansion rights on its lease. Jeff Garibaldi, Tara Keating Freeman and Kyle Mahoney with The Garibaldi...
Santa Monica, CA-based Douglas Emmett, Inc. (NYSE: DEI) has acquired a 19-story office building at 12100 Wilshire Blvd in the Brentwood submarket of Los Angeles from Hines for $225 million. Douglas Emmett and its joint-venture partner, Qatar Investment Authority (QIA), acquired the 365,000-square-foot, multi-tenant Class A building at a price of $616 per square foot, the office REIT confirmed. The $225 million paid by the venture represents the...
      
National Real Estate Investor
Sports Authority's lenders have pushed for Chapter 7 filing, Retailing Dive reports. A September interest rate hike is expected to be postponed, according to MarketWatch. These are among today's must reads from around the commercial real estate industry.

read more

While urgent-care centers have been strip-mall staples for decades, the chance to catch dinner, a movie, and a surgical procedure under the same roof is new.

read more

Property management today is at a juncture at which we split from old methodologies and preconceived notions to follow a new path of efficiency and customer service.

read more

Low interest rates benefit these private buyers, while strong fundamentals for the student housing sector attract investment capital from overseas.

read more

E-commerce may be driving consumers away from shopping centers, but food is pulling them back in.

read more

      
Wall Street Journal
Global investors are on the hunt for U.K. property bargains, expecting that Brexit-fueled economic turmoil could weaken real-estate values. The drop in the value of sterling has only increased the appeal.
China’s property developers are aggressively bidding for prime public land in Hong Kong as competition heats up in a sector where Asia’s wealthiest tycoons built their fortunes.
Bank of the Ozarks has stepped into a void left by bigger banks that have pulled back from commercial lending in recent months amid softness in big markets such as New York and Houston.
Wells Fargo agreed to spend about $400 million on a new property in London and consolidate its operations there, a move that comes just under a month after U.K. voters chose to leave the European Union.
An industrial tract in East New York is the linchpin of a plan by Mayor Bill de Blasio to bring more jobs and affordable housing to one of the city’s poorest neighborhoods.
      
Contact Us
 

metrointelligence

Los Angeles:
(818) 584-1848
Inland Empire:
(760) 507-4750

Toll-Free:
(888) 82-DEVELOP
Email:
info@metrointel.com
    
Home  |  Our Services  |  Econ Update  |  Clients  |  Industry News
Copyright (c) 2007-2016 MetroIntelligence   |  Privacy Statement  |  Terms Of Use