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BOSTON—The head of CBRE's national self-storage valuation group, R. Christian Sonne, cites “acquisition activity and conservative spreads in cap rates.”
NEW YORK CITY—Such is the [enviable] case in the net lease sector's capital markets, according to one of several industry experts who spoke to GlobeSt.com in advance of RealShare Net Lease.
HOUSTON—A new lease has been signed by Allied Stone at a 100,000-square-foot crane-served manufacturing facility on 14.7 acres, located at 2200 Lauder Rd.
AUSTIN, TX—The Austin City Council voted in favor of removing a restrictive covenant on the Dabney-Horne home in UT's West Campus, allowing it to be moved one-half mile from its current location at 507 West 23rd St.
SCOTTSDALE, AZ—The transaction marks the third Scottsdale acquisition for Cypress West and Med Properties in the last 12 months, with a medical office portfolio that exceeds 300,000 square feet of space.
NEW YORK CITY—The developer has opted to put 38 residences at the tower up for sale, rather than sticking with the plan to market them as rental units.
LOS ANGELES—Thanks to a combination of market timing and tighter regulations, banks are pumping the breaks on construction lending, according to Shlomi Ronen in this EXCLUSIVE interview.