Wednesday, September 18, 2019

North America

North America commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

U.S commercial property prices

U.S commercial property prices rise 6.3% y-o-y in February

Real Capital Analytics has released its latest CPPI (Commercial Property Price Indices) report. According to Real Capital Analytics,...
industrial warehouses

Colony Industrial buys industrial warehouses in Northern New Jersey and Las Vegas, Nevada

Colony Industrial has acquired a 271,176 square feet Class A building in Northern NJ and two Class A light industrial buildings...
office space in Glendale

ServiceTitan signs lease for office space in Glendale CA

ServiceTitan, the software company for the residential service business, has leased 125,000 square feet of office space at 800 N. Brand, a...
Oakland retail market

CIM Group to bring new entertaiment venue to Jack London Square, Oakland

CIM Group announced that it has secured a long-term lease with John McEnery IV to bring an approximately 40,000-square-foot entertainment venue with...
Greystar buys luxury multifamily property in Manhattan

Hunt Capital Holdings buys Peak 8 Asset Management

Hunt Capital Holdings, a global leader in commercial real estate and infrastructure, ahas acquired Peak 8 Asset Management of Greenwich, Connecticut. 
industrial portfolio

Transwestern Investment Group sells 3.5 million sq-ft industrial portfolio

Real estate investment management firm, Transwestern Investment Group announced it has sold a 3.5 million-square-foot industrial portfolio on behalf of one...
California office building

Japan’s Mori Trust acquires office building in Silicon Valley, California

Tokyo based Mori Trust Co., Ltd. has acquired an office building properties located in San Jose, California, in the Silicon Valley area...

Hyatt to build Hyatt Centric hotels in Nashville,Memphis and Austin

Hyatt Hotels Corporation plans to build Hyatt Centric hotels in downtown Memphis, Tenn., downtown Nashville, Tenn., and downtown Austin, Texas. New Hyatt...
U.S multifamily rents

U.S multifamily rents rise $2 in February

U.S. multifamily rents increased $2 in February to $1,426 and year-over-year growth remained at 3.6%, as January was revised upward from 3.3%...
ultra wealthy population

Global ultra-wealthy population to rise 22% in 5 years, they invest in CRE

The global UHNWI (Ultra-high net-worth individuals,those with $30m+ or more in net assets) population is expected to increase by 22 percent in...