CIM Group to build mixed-use project in Miami
CIM Group has begun construction of a mixed-use development on a 1.78-acre site at 2201 N Miami Avenue in the Wynwood district of Miami,...
TerraCap Management buys Class A office buildings in Charlotte
Florida-based TerraCap Management LLC, a privately held investment firm, announced that it has acquired Class A office buildings, Resource Square I, II & V in Charlotte,...
SKB and Angelo Gordon sells office complex in Mill Valley, California
ScanlanKemperBard (SKB) and Angelo Gordon have sold Belvedere Place, a three-story, Class A office complex located in Mill Valley, California.
The 104,544 rentable square foot property is...
Coca-Cola closes sale of iconic New York building
The Coca-Cola Company announced that it has closed on the sale of 711 5th Ave., an iconic retail and office building in Manhattan, New York....
Paramount acquires office assets in San Francisco
Paramount Group, Inc. has completed the acquisition of a 44% joint venture interest in 55 Second Street. Located in San Francisco’s South Financial District, the...
U.S commercial property price growth steady in July
U.S. commercial property prices held a steady pace of growth in July, shored up by industrial sector price gains, according to Real Capital Analytics CPPI (Commercial...
Cap rates for CRE assets stable in H1 2019, says CBRE
An advantageous balance of moderate growth, low inflation, and falling long-term interest rates in the U.S. kept capitalization rates (cap rates) for commercial real...
CIM Group acquires Class A office building in downtown Austin
CIM Group has acquired Chase Tower, a 21-story, approximately 390,000-square-foot Class A office building with ground floor retail in downtown Austin. Located at 221...
Harrison Street raises $1.6bn for real estate fund
Harrison Street, an alternative real asset investment firm that buys and sells education, health-care and storage properties, announced the final close of the...
Greystar sells Class A multifamily community in Florida
Greystar Real Estate Partners has sold Avana Isles, a 214-unit Class A apartment community in the Boynton Beach / Delray Beach submarket of Palm...
The New York Times signs lease at Court Square Place in LIC
JRT Realty Group, the largest certified woman-owned commercial real estate services firm in the United States, has announced that The New York Times Company...
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 report from Yardi®...
