Friday, April 10, 2020
Paramount to sell 1899 Pennsylvania Avenue for $115m

Paramount to sell 1899 Pennsylvania Avenue for $115m

Paramount Group, Inc. (NYSE: PGRE) has entered into an agreement to sell 1899 Pennsylvania Avenue, a 191,000 square foot office building located...
Amazon Canada to open first fulfillment centre in Quebec

Amazon Canada to open first fulfillment centre in Quebec

Amazon Canada plans to open its first fulfillment centre in Quebec. The new site will be located in Lachine on the island...
Average U.S. asking rents for office space rise in H1 2019

Average U.S. asking rents for office space rise 1.7% in H1 2019

Average U.S. asking rents for office space increased 1.7% over the six-month period ending in June, to $36.44, according to a new...
Japanese Sumitomo buys office building in Phoenix

Japanese Sumitomo buys office building in Phoenix

Tokyo-based Sumitomo Corporation has acquired the Collier Center, an office building in downtown Phoenix, Arizona, through its largest subsidiary Sumitomo Corporation of Americas...
FIBRA Prologis buys logistics roperty in Mexico City

FIBRA Prologis buys logistics roperty in Mexico City

FIBRA Prologis, an owner and operator of Class-A industrial real estate in Mexico, has acquired a 41,779 square feet of infill, logistics...
Global direct commercial real estate investment reaches $800bn in 2019

Global direct commercial real estate investment reaches $800bn in 2019, says JLL

Global direct commercial real estate(CRE) investment volumes reached an all-time high of $800 billion, increasing 4% year-over-year and making 2019 the most...
CIM Group to develop new mixed-use project in downtown Atlanta

CIM Group to develop new mixed-use project in downtown Atlanta

CIM Group will develop a new mixed-use project in downtown Atlanta known as the Gulch. CIM Group has launched its high-profile project...
Coronavirus : Nordstrom closes stores in U.S ans Canada

Coronavirus : Nordstrom closes stores in U.S and Canada

Nordstrom, Inc. announced that it would temporarily close its stores, including Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey in the U.S. and Canada for two weeks, effective March 17, to...
Global warehouse leasing market

Global warehouse leasing market to reach $107.44bn by 2025

The global warehouse leasing market is expected to reach USD 107.44 billion by the end of 2025, according to the latest report...
CBRE leads U.S commercial real estate investment sales activity

CBRE leads U.S commercial real estate investment sales activity

CBRE for the 14th consecutive year was the top-ranked firm for commercial real estate investment sales in the U.S during 2019,...

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