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PHOENIX—Although weakened manufacturing output and investor uncertainty could put downward pressure on spending, “we see continued positive news for the health of the construction industry,” says Julian Anderson at Rider Levett Bucknall.
LOS ANGELES—With a strong 3Q16 showing, according to a new report from CBRE, the Los Angeles office market looks primed for more rent growth and new construction.
LOS ANGELES—Two years ago, there were few developers willing to take on the risk of building a speculative big-box development, but today, it is routine, GlobeSt.com reports in this EXCLUSIVE story.
DALLAS—Proceeds from the sale to building materials supplier 84 Lumber will be used “to reinvest in high quality assets more consistent with our current investment philosophy,” says Spirit Realty president Jackson Hsieh.
Only three of 50 economists got it right this month on their UK economy predictions for the third quarter. GDP grew 0.5%, versus the average prediction…
SOUTH FLORIDA—The sector is a preferred asset class for investors looking to deploy capital in South Florida. But with so much inventory coming online, lenders are beginning to pull back.