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The shopping center, which was built in 2002, was purchased on behalf of the Sterling Organization's institutional core fund, Sterling United Properties I, LP (SUP I).
GlobeSt.com caught up with Sabrina Stimming, senior vice president and director of leasing at CREC, to learn more about what to expect in the grocery space in this exclusive interview.
Companies should think about future growth plans and access to the talent pool, consider new work modes and plan for details and technologies that will remain current and allow for flexibility, JLL's Julie Kilpatrick tells GlobeSt.com.
Although the results vary among the five major sectors, “there is no denying the overall softening of commercial real estate pricing,” says Peter Muoio at Ten-X.
Brookfield is partnering with lifestyle-office service Convene to bring a stronger hospitality component and flexible space options to its L.A. portfolio.
Developers should build in markets that will absorb new construction pipelines adequately because, in some markets, rents are now softening as supply is exceeding demand, Buchanan Street Partners' Tim Ballard tells GlobeSt.com.