Globest Sectors

The acquisition, which also includes an adjoining 1.8-acre surface parking lot, adds City Centre I's 229,600 square feet to Unico's portfolio in Downtown Salt Lake City, which now totals more than 1 million square feet of space.

“This is more of a retail evolution than a retail apocalypse," says Anthony Campagni of the newly-formed A▪R▪C Real Estate Group.

Class A properties selling for low to mid-$90s per square foot are particularly in demand in a market where demand has outpaced supply for four years.

The city is only two years into a trend that is the reversal of a nine-year trend.

The company has refinanced 1,768 affordable and market-rate units through a Freddie Mac loan arranged by Greystone.

The owner and founder of McSam Hotel Group received the loan from S3 Capital Partners, a subsidiary of New York real estate company, Spruce Capital Partners.

Companies know that to attract and retain top talent, a workplace aligned with boosting occupant wellness is required and in turn, produces significant positive impacts on a company's bottom line.

L.A. is ranked second in the nation for law firm growth, thanks to the legal needs of tech, media and entertainment industries.