SAN DIEGO—Fewer people in the workforce could mean the US won’t have the skills necessary to compete in the global marketplace, which could lead to economic crisis, PwC’s Mitch Roschelle tells attendees at last week’s BMC event.
San Diego Headlines
SAN DIEGO—GlobeSt.com takes a tour through the firm’s new 18,000-square-foot space at the Aventine—a mixed-use complex that includes a hotel, restaurants and two office buildings—which affords employees a variety of workplace options.
SAN DIEGO—The firm sells AERO, a 92,463-square-foot office building, to AVID Center at $326 per square foot following a $5-million inventive redesign of the building that makes it unlike any other in this submarket.
SAN MARCOS, CA—The 144,148-square-foot Campus Marketplace retail shopping center sells to IVT San Marcos Campus, controlled by Inventrust, in part because of its attractive location.
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SAN FRANCISCO—Top real estate executives’ confidence in the US economy and housing market for 2017 has softened compared to two years ago, however, California’s economy continues to outpace the US economy.
McLEAN, VA--Wells Fargo executed the CMBS financing and CBRE’s Atlanta Capital Markets Debt and Structured Finance group structured the five-year loan.
Middle Market Digest
Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.
More National Headlines
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- Colliers’ Accelerate Program for Young Professionals Comes to DC
- Metro Detroit Industrial Remains as Strong as Ever
- CMBS Late-Pays Down for Now, But Not for Long
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Facing continued slow and steady growth in US GDP, heightened global uncertainty and lower yield expectations, institutions don’t anticipate tapping the brakes on investment any time soon.
Commercial Real Estate Events
Sectors to Watch
Most Popular Stories
SANTA BARBARA, CA—Amid a generally positive outlook for apartments in 2017, Yardi Matrix does see issues with oversupply and a slowdown in rent increases in some metro areas.
CHICAGO—Noting that REITs now account for 27 slots within the S&P 500, Ferguson Partners recommends “5 Pillars” of a proactive approach to CEO transition.
CORONA DEL MAR, CA—Established restaurant chains with strong financials will likely still be valued at a premium over a food hall/marketplace—unless the guarantor has a history that would surpass other chains or operators, Hanley’s Carlos Lopez tells GlobeSt.com.