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AUSTIN--CBRE Capital Markets' Investment Properties announces the sale of Park Place II and III, a 68,058-square-foot, multi-tenant office park in Austin.
BOSTON—Mayor Martin Walsh signed an executive order last week that increases affordable housing requirements in new multi-family projects and hikes fees for those builders who either choose not to include the units in their projects or build them elsewhere.
NEW YORK CITY—The firm has settled a federal lawsuit in which it was charged with overbilling clients on the development of the World Trade Center and other iconic projects.
Like much of the net-lease market, Dollar General cap rates have been compressing since 2009. However, as we approach the end of 2015, it is increasingly likely average cap rates for Dollar General stores will set an all time new record.
LOS ANGELES—According to the latest report from the DCBID, office vacancy in the submarket is dropping, but the report shows that it is still hovering in the high double-digits.
PHOENIX—The users in office are constantly changing and the deals that make sense are hard to find, said panelists at the recent <b>RealShare Phoenix Metro</b> conference.
LOS ANGELES—The luxury retailer exercises its right of first refusal to buy its 11,500-square-foot Rodeo Drive store for a market record of $13,217 per square foot.