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Although property owners may be inclined to jump at the opportunity to boost their revenues, owners should fully understand all of the deal terms and the potential risks of entering into these kinds of arrangements, he stressed.
The sale of Parkway Center, a two-story 71,742-square-foot office building that is 100% occupied, may pave the way for a potential redevelopment to multifamily, say sources close to the transaction.
Strong long-term average growth and increased volume of deals is fueling increased lender interest in the San Diego industrial market, says Kevin Pleasant of Chase.
CBRE's analysis found rent spreads of 26% in Houston and Dallas/Fort Worth, confirming the current market for industrial and logistics real estate has growth remaining.
In the first of a two-part <b>EXCLUSIVE</b>, Ron Stelmarski of Perkins+Will recently discussed the unexpectedly robust adaptive reuse market in Texas that's having a significant effect on the built environment.
The 894-bed Retreat at Orlando student housing complex was sold by a subsidiary of Inland Private Capital on behalf of one of its 1031 investment programs to Preferred Apartment Communities of Atlanta. PAC acquired the property through its wholly-owned subsidiary Preferred Campus Communities, LLC.
No surprise here, but the retail sector has issues. However, as Marcus & Millichap pointed out in its annual Retail Trends press conference at RECon, there are also opportunities to be found—if you know where to look and what to ask.