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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY—“Bon-Ton has built a strong track record of tenancy with W. P. Carey since our first transaction 18 years ago,” says Gino Sabatini, managing director of the net lease REIT.
HONG KONG—Nigel Smith joins Colliers International after 13 years with CBRE, and is the latest in a series of senior-level appointments at the firm in the Asia Pacific region.
SANTA BARBARA, CA—As West Coast markets such as Portland, OR and San Francisco lead the way with double-digit year-over-year gains, Yardi predicts that rent growth will only intensify in the year's second half.
DALLAS—A 23-property select-service portfolio going on the market and a new emphasis on upper upscale marks “another step towards our goal with the Ashford group of companies of having very well-defined, distinct strategies,” says CEO Monty J. Bennett
NEW YORK CITY—For office leasing, the mantra may be no longer be “location, location, location,” but “connection, connection, connection,” judging by WiredScore's study.
NEW YORK CITY—For services firms, "the stakes are higher than they've ever been before," because their clients' requirements are now portfolio-wide, Hightower CEO Brandon Weber tells GlobeSt.com.
DALLAS—The gain in leasing numbers for both new and existing privately owned student housing comes amid a drop-off in product delivery compared to 2014's high watermark, says Axiometrics.
ZAANDAM, the Netherlands—To be known as Ahold Delhaize, the combined company will operate 6,500 supermarkets in the US and Europe, with brands including Stop & Shop and Hannaford.
ATLANTA—With FASB and IASB edging closer to completing the new guidelines, “Many companies will be blindsided in '18 if they don't prepare now,” says Avison Young's Sean Moynihan.