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HOUSTON—Ellington Trade Center, a three-building industrial project totaling 513,800 square feet with 18.23 acres of developable land, is 98.6% leased, which generated a buyer at an undisclosed price.
CHANDLER, AZ—The combination of three new developments will add nearly 1.8 million square feet of retail, office and hospitality space, further driving demand for multifamily housing in the area.
AUSTIN, TX—The Campus at Arboretum offers a popular workplace environment in a park-like setting and has been recently renovated with a mix of open plan and private offices, along with a conferencing facility.
SAN ANTONIO—The $4.4-billion deal represents a premium of about 42% to CST's closing stock price on March 3, the day before the company's board commenced an exploration of strategic alternatives.
LOS ANGELES—Lenders are eschewing retail construction projects, a result of the tightening debt markets, but mixed-use projects with retail on the ground floor are still in high demand, GlobeSt.com reports in this EXCLUSIVE interview.
LOS ANGELES—A year after the launch of its eREIT product, Fundrise is taking 70% of the Reg A+ market and is competing with large private equity funds.
NEW YORK CITY—The tenant representation firm has tapped a consultant focused on the quantitative and qualitative study of tenant requirements to head up and grow its efforts in this area.