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...
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 space in...
KBS sells Von Karman Tech Center in Irvine, California to private investor for $25.4m
KBS, one of the largest owners of premier commercial real estate in the nation, has announced that it has sold Von Karman Tech Center,...
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 in Washington,...
Broker confidence drops to all-time low in New York City
Broker confidence has slumped to an all-time low in New York City amid coronavirus outbreak, according to a new survey-Q1 2020 Quarterly Real Estate Broker...
Wells Fargo announces efforts to keep people housed in response to COVID-19
Wells Fargo & Company (NYSE: WFC) today announced additional efforts to help people stay in their homes with funding for more than 500 nonprofits...
Colliers completes acquisition of Dougherty
Global commercial real estate services and investment management firm Colliers International has completed its previously announced acquisition of a controlling interest in Dougherty Mortgage,...
Taubman Centers shareholders approve merger with Simon Property Group
Taubman Centers, Inc. (NYSE: TCO) (the “Company”) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced...
Amazon to open fulfillment center in Tennessee
Amazon plans to open a fulfillment center in Mt. Juliet, Tennessee.The new 855,000 square-foot site, which is anticipated to launch in late 2021, will create more than...
Amazon to open new sites across Phoenix metro area
Amazon.com, Inc. announced plans to open 11 new sites across the Phoenix metro area to support customer fulfillment and delivery operations.
The new facilities expected to...
SL Green celebrates the historic opening of One Vanderbilt Avenue
1,401 foot tower redefines the Manhattan skyline, transforms the modern workplace and reaffirms the future of New York City
SL Green’s private $220 million investment...
Hines launches multifamily property management firm
Hines has launched Willowick Residential, a multifamily property management firm.
Named after founder Gerald D. Hines’ first multifamily residential building-The Willowick- in Houston’s River...
