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WASHINGTON, DC—“REITs continued to have strong underlying operating fundamentals in the first half of the year,” says NAREIT's Steven A. Wechsler, yet share prices took a hit.
LOS ANGELES—In a lease transaction valued at $11.6 million, Executive Office for New Immigration renews its 72,200-square-foot lease for five-years at the fully occupied City National Bank Building in Downtown Los Angeles.
HOUSTON—Broadstone Post Oak, a five-story, class A+ community built last year in Houston's Galleria district, was sold in a deal arranged by CBRE.Capital Markets.
SEATTLE—Labor force age demographics are shifting, with Millennials expanding while, simultaneously, Baby Boomers contracting, says a source in this <b>EXCLUSIVE</b> discussion on the Seattle market.
HONG KONG—With the sale of the 503-key waterfront property, Intercontinental Hotels Group has completed “the disposals of our major owned assets,” says CEO Richard Solomons.
IRVINE, CA—Custom auctions combine the familiarity of a more-traditional acquisition model with the transparency and efficiency of the auction process—but that's just the beginning, Auction.com's Gordon Smith tells GlobeSt.com <b>EXCLUSIVELY</b>.