The flexible workspace provider and WeWork competitor adds Norwest's managing partner to its board of directors.

Hines is expanding its multifamily business into Arizona and Colorado, which both have growing demand for multifamily.

The two sectors at either end of the cap-rate change spectrum in Q3 were dollar stores, up 45.1 bps, and pharmacies, which posted a -29.3 shift.

The assets totaling 26,923 square feet were sold for approximately $7.46 million, which afforded the company to pay down $4.5 million of property-level debt and $1.6 million of its Revere loan.