Globest Sectors

Oakdale Logistics Center is in the Great Southwest industrial submarket, one of the largest in DFW with an inventory of approximately 107 million square feet and strong demand fundamentals of 5% vacancy.

The Downtown L.A. renaissance is maturing, and the Downtown Central Business Improvement District, which has been integral in the market's growth, is turning its attention to office.

Promenade Crossing is currently undergoing capital improvements. The property's amenities include a pool deck with grilling stations, media lounge, fitness center, car wash station, clubhouse and a dog park.

Commercial brokerage firm JLL reports that CBSK Ironstate has secured $181 million in construction financing from Deutsche Bank and another $70 million in equity from an unnamed institutional investor for the project at 646 11th Ave.

The transaction will give W.P. Carey a pro forma enterprise value of $17.3 billion.

LaSalle says that one reason it is rejecting Pebblebrook's offer is because there are significant price risks and uncertainties for LaSalle shareholders.

Costly government regulations include sometimes lengthy approval processes, development standards that go beyond what would ordinarily be done, changes to building codes over the past decade, and OSHA requirements.

The city's downtown is surging, creating demand for several new hotels.