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Some $100 billion was poured into the asset class during the past decade, which has been matched by a technical shift and major influence by cloud platform providers–Amazon, Google and Microsoft.
With a recently updated comprehensive plan in place, the 382-plus acres could be builder-ready after master plan and annexation approval for the project.
Vista offered Black Creek Group the rare opportunity to invest in a large newly built industrial project in the closely held Portland market, along with in-place income and the ability to add near-term value via lease-up.
MG Properties Group acquired two multifamily communities, the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA, for a combined total of more than $305 million.
Strong rent growth in the industrial sector resulting from limited land supply and a population influx remains a theme, along with a healthy dose of new office construction on the horizon to nudge vacancy back up.
In this EXCLUSIVE, Adam Hooper of RealCrowd shared insights about what the inverted yield curve means for the commercial real estate industry and the opportunities in the current market climate.
Some 80% of apartment residents say they visited a property website before renting and most Millennials are laser-focused on location, amenities, lifestyle, pricing and ease of doing business.
SIOR is promoting parity, diversity and inclusion by encouraging and empowering members to extend relationships to CRE professionals, especially women who have considered SIOR membership or would be ideal candidates.
Karlin Conklin, an outspoken advocate on the importance of C-suite diversity, notes that females in principal and director roles in this industry are not the norm, but comprise more than half of IMG staff.
CBRE managed planning, site selection, procurement, preparation, landlord approvals, permitting, installation, activation and closeout at 215 workplace and multifamily buildings across 11 states.