Globest Sectors

A fund managed by DRA Advisors has brought the Pinnacle Corporate Park to market on the heels of Starwood Capital Group's sale of Crossroads Business Park.

The pandemic isn't stopping retail brokerage firm Hanley Investment Group, which a total sales volume in excess of $703 million, one of the highest in the company's history.

The affordable and workforce housing leader originally targeted $550 million for its fourth discretionary fund.

Leasing activity slowed at the end of the year, but it wasn't enough to offset the strong leasing activity through the pandemic.

US office occupancy losses totaled 84 million square feet last year, with more than half of the losses occurring in CBDs.

TerraCap acquired Anchor Centre, a 333,014 square-foot class-A office property in Phoenix.

Now may be the time to lock in financing if this trend continues.

Overbuilding is one concern in the not-so-distant future.