Globest Sectors

With 80% occupancy rates and strong room rates, hotels are holding their own in markets underappreciated by investors who may be not be familiar with the area, CBRE's Rod Apodaca tells GlobeSt.com.

Atria's senior executives, Fremont and Ventas will now own shares of both Atria's management business and a newly formed, $1-billion general partnership that will seek development and redevelopment opportunities.

The 217,088-square foot property traded for $284 per square foot, over the $199 per square foot average price where suburban Virginia assets have been trading.

“Reston is one of the few submarkets that have seen real rent growth over the last two years.”

A survey indicates 67% of construction firms are having difficulty finding skilled workers such as carpenters, bricklayers, electricians and plumbers, which began with the Great Recession of 2008/2009.

A recent reconfiguration of space helped to seal the deal for Cozen, with space designed to incorporate concepts law firms are seeking, yet efficient relative to the key metric of attorney-to-square-foot ratio.

“After about a two-year slowdown, rent growth is starting to pick back up across the nation,” says Aaron Terrazas at Zillow.

A combination of edgy retailers and more established purveyors defines Brooklyn today, as Jaime Schultz of Lee & Associates states in this exclusive video interview from the ICSC New York Dealmaking Conference.