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Brokers + Engineers is also announcing a joint venture with RCX Capital Group at RECon this week.

The property traded for $54 million with $25 million in financing arranged by HFF.

Despite the disruptive inventions of enclosed arcades, shopping malls and, most recently, online shopping, street retail remains the human race's favorite mode of exchanging money for goods, says one source we <b>EXCLUSIVELY</b> spoke with surround our ICSC RECon show coverage.

The last of 18 buildings in the massive Siempre Viva Business Park in Otay Mesa breaks ground, and tenants have already shown interest.

With office cap rates already at all-time lows and institutional investors pushing the limits on rent growth expectations, cap rates this year are expected to hit a wall.

RECon will feature an innovation exchange that will provide hands-on access to next-generation retail concepts. Attendees <b>EXCLUSIVELY</b> talk security robots, virtual dressing rooms, A.I. integration and more.

BKM Capital Partners closes the first round of BKM Industrial Value Fund II with $160 million in commitments and an additional $100 million in soft-circled commitments months before its final closing this summer.

Bill Friend, managing director/VP of Fluent Commerce, shared insights on how retailers are capitalizing on the toy giant's closure and the tools necessary in the retail process in this <b>EXCLUSIVE</b>.