CIM Group signs lease with Andersen for two floors at CityNational2Cal
CIM Group announced that it has executed a long-term lease with the Los Angeles office of Andersen for approximately 46,000 square feet at CityNational2Cal,...
Federal Reserve holds interest rates steady
In line with market expectations, the U.S Federal Reserve on Wednesday held interest rates steady in a range of 1.5% and 1.75%.
Here is The...
Global spending in construction to reach $17.5tn by 2030, says new analysis
Global spending in construction is expected to reach $17.5 trillion by 2030, with China, the US, and India leading the way and accounting for 57% of all global...
Skanska sells majority stake in Bank of America Tower in Houston
Global project development and construction group Skanska has agreed to sell a 90 percent interest in the Bank of America Tower office property in...
BioMed Realty welcomes Amgen to its Gateway of Pacific campus
BioMed Realty (“BioMed”) announced that Amgen will occupy BioMed’s Gateway of Pacific campus in South San Francisco under a new long-term lease for 240,000...
Colony Capital closes sale of light industrial portfolio to Blackstone
Colony Capital, Inc. announced the closing of the previously announced sale of its Light Industrial logistics assets and its affiliated industrial operating platform to...
Stratus to sell Block 21 in Austin for $275M
Stratus Properties Inc. Announces Agreement to Sell Block 21 for $275 Million to Ryman Hospitality Properties, Inc.
Stratus Properties Inc.(NASDAQ: STRS) announced today that it...
Caesars completes sale of The Rio in Las Vegas for $516.3M
Caesars Entertainment has completed the previously announced sale of The Rio in Las Vegas to a company affiliated with Dreamscape Companies ("Dreamscape"), which is...
Dodge Momentum Index increases in November
The Dodge Momentum Index moved 2.9% higher in November to 155.3 (2000=100) from the revised October reading of 150.9. The Momentum Index, issued by Dodge...
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 (SCOA), headquartered...
The 10 most expensive streets in Canada
Toronto’s Bay Street is the most expensive street in Canada, according to JLL's Most Expensive Streets Report which reveals the priciest corridors in Canada...
WeWork opens monthly record number of new buildings
WeWork, the world’s leading co-working and space-as-a-service platform, reported that it has already opened a record 52 new buildings in cities across the world...
