Sunday, July 5, 2020
WeWork announces SoftBank deal, Adam Neumann to become board observer

WeWork announces SoftBank deal, Adam Neumann to become board observer

SoftBank Group Corp. and WeWork’s parent organization The We Company announced an agreement under which SoftBank commits to provide significant funding to WeWork.
Amazon opens new office for Alexa in Santa Barbara, California

Amazon opens new office for Alexa in Santa Barbara, California

Amazon has opened a new 48,000 square foot office for Alexa tech teams located in downtown Santa Barbara, California. The company plans to create...
ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance for CMBS borrowers

ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance for CMBS borrowers

As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants,...
Investor appetite for U.S. office assets increases, says Yardi Matrix

Investor appetite for U.S. office assets increases, says Yardi Matrix

Prices for prime U.S. office assets have risen sharply this year. Office property transactions, spurred since summer by lower interest rates, totaled $74...
U.S commercial real estate

Moderate growth expected for U.S commercial real estate in the coming years

According to the latest Urban Land Institute’s (ULI) Real Estate Economic Forecast, U.S economy and real estate industry will continue to remain...
KBS sells Class A office complex in San Jose, California, for $95m

KBS sells office buildings in San Jose, California for $95m

Private equity real estate company KBS has sold two additional buildings at District 237, a Class A office/R&D complex in San Jose, California....
San Francisco commercial real estate

Gadsden Growth Properties buys commercial retail space in San Francisco Bay Area

Gadsden Growth Properties, Inc., acquired Mission Hills Square, a mixed-use ground up development that includes 158 residential apartment units and 53,900 square...
commercial land for sale santa monica

StarPoint Properties sells commercial land in Santa Monica,California

StarPoint Properties has sold 34,195 square feet of prime commercial land for $65 million at 1733 Ocean Avenue in Santa Monica, California....
Class A office buildings in Portland sold to Clarity Real Estate

Class A office buildings in Portland sold to Clarity Real Estate

Shorenstein Properties LLC announced it has sold River Forum, a two premier Class-A office buildings in Portland, Oregon, to Clarity Real Estate, a real...
Capital inflow to global data center market exceeds $100bn in past decade, says C&W

Capital inflow to global data center market exceeds $100bn, says C&W

More than $100 billion has flowed into the data center ecosystem in the past decade with pension funds, private equity firms, infrastructure...

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