LOS ANGELES—It may be a while before the full effect of the Panama Canal’s widening is felt by both coasts’ ports, the business world and the industrial real estate sector, Colliers’ Dwight Hotchkiss tells GlobeSt.com EXCLUSIVELY.
Reality is there is no longer any of the old rules of the economics and finance that apply.
LONDON—The two new hires will be responsible for growing TIAA Global Asset Management’s institutional base in the Nordic countries and for developing relationships with global and regional investment consultants, respectively.
LONDON—The US-based bank’s decision to acquire 33 Central from developer HB Reavis is seen as a shot in the arm for London’s commercial real estate market following the UK referendum to leave the European Union.
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WASHINGTON, DC—Office space will be absorbed, or not, depending on economic trends -- not who wins the election, NGKF finds.
SAN FRANCISCO—The roundtable brings together developers, investors, bankers, financiers and other industry players to share intelligence and perspectives on the state of the industry, summarized in this EXCLUSIVE.
PHOENIX—Watkins was part of the team accepting BOMA’s highest award, TOBY, for Lincoln Property Company’s management of the Arizona Game and Fish Department headquarters in 2015.
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True leaders manifest themselves not only through performance but also—and arguably more importantly—by the way their employees feel about them. Meet this year’s best bosses in the business.
Commercial Real Estate Events
Sectors to Watch
WASHINGTON, DC-It has tapped Cushman & Wakefield to market 601 Pennsylvania Ave., NW.
PHOENIX—A Walmart Supercenter, along with the city council’s recent approval of a new development plan for the Metrocenter symbolize re-investment and rebirth for this community asset.
EAST RUTHERFORD, NJ—Industrial leasing activing in Northern and Central New Jersey produced 11.1 million square feet of net absorption year-to-date.
BURLINGTON, MA—The company, which is the life science business of Darmstadt, Germany-based Merck KGaA, commenced construction on its new 280,000-square-foot complex at 400 Wheeler Road earlier this week.
Most Popular Stories
MIAMI—Law firm Akerman LLP’s annual report on commercial real estate sees the greatest near-term impact on development coming from the aging US population and two other trends that are already forming.
SOUTHERN CALIFORNIA— Investors in three major Southern California markets are beginning to return to the market as they strive to meet their real estate capital allocations by year end, JLL experts in those three markets tell GlobeSt.com EXCLUSIVELY.
CHICAGO—Although they haven’t made any blockbuster portfolio buys in the first four months of the year, foreign investors have kept up a steady stream of purchases in the industrial market.