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PHOENIX—Total vacancy remained flat at 9.7%, with vacant speculative deliveries working against strong absorption gains, however, the Northwest market is on the cusp of speculative development, says JLL.
DALLAS—Property performance has improved under the apartment's new ownership with occupancy growing from 80% to 90% after repairs to landscaping, security upgrades, foundation and repainting.
AUSTIN, TX—Rainey Street has become one of the city's signature entertainment districts and evolving to become more of an upscale residential and restaurant district, but with the same unique vibe.
LONDON—Garnered entirely from existing investors, the new capital raise brings the total equity for AEW Europe's LOGISTIS fund to about US$1.87 billion.
BAKERSFIELD, CA—The Central Valley has the land and infrastructure to facilitate multi-million square foot distribution centers and bolster today's distribution demands, says a source in this <b>EXCLUSIVE</b> Q&A.
NEW YORK CITY—S&P Dow Jones Indices' David M. Blitzer says that a survey from the New York Fed shows that consumers expect home prices to continue rising, “though at a somewhat slower pace.”
LOS ANGELES—The newly formed Inland Retail Property Fund acquires a grocery-anchored center for $58 million, beating out several other competitive offers.
LOS ANGELES—Berkley Point Capital secures a $32.9 million loan for an affordable housing build in Oxnard, CBREGI picks up a retail center in Seattle and Crossroads in Denver breaks ground in this week's wrap-up of deals.