Commercial

NAR's 2016 MIPIM Recap

Posted by:

MIPIM, one of the largest real estate property events in the world, brings together the most influential players from all international property sectors – office, residential, retail, healthcare, sport, logistics and industrial, offering unrivaled access to the greatest number of development projects and sources of capital worldwide. This past March, MIPIM drew over 23,000 attendees from 89 countries countries, and included 2,400 exhibiting companies and 4,800 investors. NAR returned to host an expanded USA Pavilion to increase awareness of ...

Continue Reading →
0

Commercial Real Estate Outlook

Posted by:

 

NAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets.

Highlights

  • The pace of commercial transactions dropped in the first quarter of 2016, following an upbeat 2015.
  • The volume of commercial sales in LCRE markets totaled $111 billion, a 20 percent year-over-year decrease.
  • Continuing the trends from 2015, apartment transactions comprised the largest share of first quarter volume,… Read More
Continue Reading →
0

Big Buyer Revealed for Liberty Property Trust Portfolio

Posted by:

Workspace Property Trust to Acquire 108 Properties in Four States for $969 Million as Part of REIT’s Transformative Strategy

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 ...

Continue Reading →
0

CBL Sells Three Regional Malls for $75.1 Million

Posted by:

Prices on Latest Tier 3 Mall Dispositions Coming in Well Below Last Loan Appraised Values

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 ...

Continue Reading →
0

Three CBL Malls Sold for $75.1 Million

Posted by:

Prices on Latest Tier 3 Mall Dispositions Coming in Well Below Last Loan Appraised Values

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 ...

Continue Reading →
0

PREIT Advances Mall Portfolio Upgrade with Deal to Sell 2 Properties; Decision to Market Another

Posted by:

Washington Crown Center, Remaining Office Building at Voorhees Town Center Under Contract; Beaver Valley Mall Listed for Sale

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 ...

Continue Reading →
0

PREIT Advances Mall Portfolio Upgrade with Deal To Sell 2 Properties; Decision To Market Another

Posted by:

Washington Crown Center, Remaining Office Building at Voorhees Town Center Under Contract; Beaver Valley Mall Being Marketed For Sale

PREIT continues the drive to upgrade the quality of its portfolio. The REIT has executed agreements of sale and received non-refundable deposits for the sale of Washington Crown Center in Washington, PA, and the office building it retained 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 ...

Continue Reading →
0

Office Lease Up (July 25) iCIMS Signs 350,000-SF Lease to Anchor Bell Works Office in Holmdel

Posted by:

Weekly Wrap-Up of Largest Reported Office Leases Include: iCIMS, Bloomberg, Scotiabank, Samsung Electronics, State of Tennessee and more

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 ...

Continue Reading →
0
Page 39 of 42 «...1020303738394041...»