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ATLANTA-Centennial Hill Development Partners is focusing on finding a blue-ribbon anchor for its 282,000-sf, spec Park Tower near Centennial Olympic Park but could switch gears if a big-user tenant can't be found, area brokers say.
SANTA ANA-The 94,988-sf R&D building sits on a 6.5-acre site and is fully leased to two tenants. Horizon took 60,000-sf in the Essex Corporate Center and after construction was completed. Hirsch Electronics signed a lease for the remaining space.
ORANGE COUNTY, CA-Once a leading manufacturer of printers, the company's local plant is shuttered by its Tokyo-based parent. Closure is blamed on weak PC sales and ongoing retrenchment of Japanese firms.
PHOENIX-The region's industrial market is on a roll, keeping values up for the seventh consecutive year, according to a new survey. A historical high of $50.58 per sf has been calculated as a result of last year's activity, up $1.66 per sf from the prior year.
CHICAGO-A six-story, 153-unit building at 6650 W. Belden Ave. next to Shriners Hospital is under construction. Work on a seven-story, 180-unit building starts later this year. Units will be affordable to those 55 years and older.
SACRAMENTO, CA-The newly formed City of Elk Grove is using a loan from the League of California Cities for the project. The City will own the building in 15 years, when it pays off the loan.
PORTLAND-The fully leased, 183,000-sf office building sits on the southern outskirts of the central city at 2525 S.W. First Ave. It is expected to trade in the $25 million range.
WOODINVILLE, WA-An 80,000 sf warehouse along the Sammamish River here has been sold by Intracorp Woodinville Properties LP to a group of investors called Woodinville II LLC.
ESCONDIDO, CA-Preservationists hope to convince the state to expand the San Pasqual Battlefield State Historic Park by acquiring nearby school district property.
BEAVERTON, OR-As part of a $22-million, two-hotel sale, the publicly traded hospitality company has sold one of its Homewood Suites product here to a privately held REIT based in Richmond, VA.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource