CHICAGO—The region may not have the sky-high rents found on the coasts, but the overall affordability of rents and strong income levels in the region create ample runway for rent growth, says JVM’s Jay Madary.
CHICAGO—Last year was the year of massive portfolio buys, but as of mid-year, smaller trades are outpacing portfolio activity by three to one.
DENVER—DCT Industrial Trust is ready to start developing another distribution building here, further contributing to the region’s robust level of new construction.
More Chicago Headlines
- Transwestern to Host First-Of-Its-Kind CRE Hackathon
- Inland Group Growing at a Robust Pace
- Home Building Activity Not Keeping Pace with Demand
- National Investors Consider Strong Secondary and Suburban Locations
- Net Lease Investors Head for Secondary and Tertiary Markets
- Chicago-Area Home Sales Slow, but Prices Increase Again
- Indy Grows in Importance as National Distribution Hub
- First Industrial Fills One Spec, Starts Another
BOSTON—The Greater Boston Association of Realtors and the Massachusetts Association of Realtors issued sales reports for the month of July that pointed to lower home sales volume and for-sale inventory, while modest increases in the median price for a home, both in Greater Boston and statewide.
WASHINGTON, DC--Colliers International is expanding its project management service line by building a dedicated team for the brokerage community, which is where Leighty comes in.
IRVINE, CA—Engagement, collaboration, well-being and productivity are necessary in the workplace in order to attract and retain talent, Dr. Tracy Brower tells GlobeSt.com in this recap of a recent CoreNet SoCal event.
More National Headlines
- Equity Commonwealth Sells $416M Office Portfolio
- Expansion Holds Steady, Seven Years On
- Apt. Rent Growth Deceleration Sets In
- Turning Cons into Pros With Older Medical Buys
- Homeland Security May Stop Its Use of Private Prisons for Immigration
- Hospitality Sector on Good—if Not Great—Growth Trajectory
- Ready, Fire, Aim! The order of operations during environmental due diligence
- Commercial Fundamentals Will Continue Slow Climb
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Commercial Real Estate Events
Sectors to Watch
SOUTH SAN FRANCISCO—Greenland USA acquired its third property, a 42-acre Oyster Point site, and the to-be-renamed project will be developed into a large-scale office and R&D life sciences complex.
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CORONA DEL MAR, CA – Presidential elections aren’t known for cooperating with commercial real estate fluctuations. The current wave of uncertainty,…
PHILADELPHIA—“The reality is that we’re not delivering nearly the number of apartments that are needed by the population,” Resource Real Estate’s Kevin Finkel tells GlobeSt.com.
RALEIGH, NC—“As an independent contractor, third-party broker, whether you’re doing office, industrial or retail, that’s an inevitable challenge that we all have to accept,” Bryan Everett, SIOR, first VP at CBRE, tells GlobeSt.com.
HOFFMAN ESTATES, IL—“We continue to face a challenging competitive environment,” says Eddie Lampert, chairman and CEO of Sears Holdings, who is providing another $300 million of debt financing to the company.