Retail sales growth speeds up as September marks fourth month of gains
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
U.S commercial, multifamily loan originations decrease 47% in Q3 2020
U.S. commercial and multifamily mortgage loan originations decreased 47 percent in the third quarter of 2020 compared to the same period last year, and...
Dalfen Industrial buys distribution facility from Clarion Partners
Dalfen Industrial has acquired a distribution facility, the Peachtree Distribution Center, from Clarion Partners at 17745 Lookout Rd in the East Dallas suburb of...
Colliers : One in 10 offices in Canada were vacant in Q4 2020
As COVID-19 continues to impact the Canadian commercial real estate industry, the Canadian office market continues to experience rising vacancy rates, reaching a high...
Colony Capital moves corporate HQ to Boca Raton, Florida
Colony Capital announced Tuesday that it is relocating its corporate headquarters from Los Angeles, California to Boca Raton, Florida, effective as of January 1, 2021.
Digital Colony, the...
Industrial, apartment sectors accelerate US CRE price growth in December
U.S. commercial real estate (CRE) prices increased by 7.3% year-over-year in December, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report....
Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
CoStar withdraws proposal to acquire CoreLogic
Commercial real estate data provider CoStar Group Inc. said it had withdrawn its bid to buy CoreLogic.
CoStar believes rising interest rates will negatively impact...
Savills North America names new president
Savills has named David Lipson as the new president of its North America region.
Lipson, who joined the company in 1989, will assume the role...
Elion Partners buys last-mile coastal logistics asset in New York
Elion Partners has acquired a 180,200-square-foot last-mile coastal logistics asset located at 182-20 Liberty Ave in the Jamaica suburb of Queens, New York, five...
KKR adds industrial assets to Phoenix portfolio
KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP.
All three...
Park Hotels & Resorts to sell two San Francisco hotels for $303.5m
Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...
