WeWork signs lease at Carr’s The Wilson in Bethesda
Carr Properties has signed a lease agreement with WeWork, the global shared workspace provider. WeWork will open a new coworking location at The Wilson, Carr’s...
Amazon to open new fulfillment centre in Ontario
Amazon announced that it will open a new fulfillment centre in Scarborough, in the City of Toronto.
This will be Amazon’s twelfth fulfillment centre in Canada, and...
Federal Reserve cuts interest rates for third time this year
In line with market expectations, the Federal Reserve cut its key benchmark interest rate by a quarter of a percentage point, to a range...
Taurus sells US logistics portfolio for $614m
Real estate private equity firm Taurus Investment Holdings, LLC has sold an 8.2 million square foot logistics portfolio for $614 million located in...
Ryan Companies plans to build multi-use tower in Downtown Austin
Ryan Companies, Page and BBVA USA announced that they plan to build a 60 floor multi-use tower project, located at 311 and 321 West...
LaSalle buys multifamily property in San Diego
LaSalle Investment Management has acquired the Overlook at Bernardo Heights, a 330-unit multifamily property located in the affluent Rancho Bernardo submarket of San Diego,...
Goodman, CPP Investments commit US$2.5bn of equity to U.S. logistics partnership
Goodman Group and Canada Pension Plan Investment Board (CPP Investments) have committed an additional US$2.5 billion of equity to the Goodman North American Partnership...
The 10 richest real estate billionaires in the world
Xu Jiayin, chairman and founder of China Evergrande Group, is the richest real estate billionaire in the world with an estimated net worth of US$33...
Colliers says 1 in 5 Canadian commercial tenants requested rent relief for April
A new Colliers Canada report shows that 21 per cent of 7,100 retail, industrial and office tenants surveyed requested April rent relief as Canadian...
CBRE Group, Inc. rises to #128 on the Fortune 500
CBRE Group, Inc. (NYSE: CBRE) has risen to #128 on the 2020 Fortune 500 list of the largest U.S.-based public companies. The company’s position rose from 2019, when...
Lineage Logistics buys cold storage property portfolio in Chicago
JLL Capital Markets has closed the sale of a three-property cold storage portfolio in Chicago. Lineage Logistics, the Michigan-based temperature-controlled logistics company, has purchased the assets...
Hudson Pacific Properties and Blackstone announce new joint venture to expand studio platform
Blackstone to purchase a 49% stake in Hudson Pacific’s Hollywood Media Portfolio, a 2.2 million-square-foot collection of studio facilities and Class A office buildings...
