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The Brookwood Business Center traded for approximately $40 million, according to public records. Brookwood Financial acquired the former Billerica Business Center in 2010 for $15 million in foreclosure proceedings.
Brokers are more likely than investors to predict that investment sales activity will increase for industrial, according to a Real Capital Markets/SIOR study.
The second DFW location of Flix Brewhouse is underway with a concept that combines the latest Hollywood productions, brewed on-premises craft beer and delicious food–all served in the theater.
Law firms provide legal services to the commercial real estate industry and use the services of the industry to lease space, of course, and GlobeSt.com takes a look at both aspects in this legal update.
Total returns for the NCREIF Property Index have been fairly consistent over the past five quarters, although annual returns are below the five-year average.