Globest Sectors

After Santa Monica reduced parking regulations in a district downtown, retail activity increased.

The New York Building Congress notes nationally in 2018 retail construction dropped 21% and provides the numbers that point to telling trends.

The Boulder Group Report also notes significant change in the cap rate outlook for net-lease properties.

The Zachry EEC is so unrecognizable since its transformation that many believe the original 300,000-square-foot building was demolished, but in fact, 80% of the original building was reused.

The Sand Springs Powerhouse was opened in 1911 and served as the town's power plant for many years, encompassing 31,759 square feet on a 1.86-acre lot, but now is being marketed to multi-use tenants.

Earlier this week the real estate private equity firm moved to its new Plaza District office, leaving 825 Third Ave.

The commission allowed Wynn Resorts and Wynn MA LLC to maintain its license, which paves the way for Encore Boston Harbor to open its doors in June.

Now the office market is benefitting from the spotlight industrial growth has shined on the Inland Empire.