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Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
MARINA DEL REY, CA—Creative office is the sweeping trend in the office market, but now, California Landmark is creating a luxury multifamily complex to match with its new $30 million D1 development.
GARDEN CITY—Spread across a portfolio of office buildings and a four-property development here, the agreements all were renewals and—in some cases, expansions.
DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale.
HOUSTON—Despite demand being slightly reduced because of oil prices, a multifamily builder says it cannot build townhomes fast enough in the Hadley Building, and will run out of inventory before delivery.
WASHINGTON, DC--Besides making Golden Triangle better connected, the new technology will help the BID maintain the area, BID Director Leona Agouridis tells GlobeSt.com.
LOS ANGELES—High barriers to entry, strong demand and great fundamentals, has created a perfect storm in the Burbank-Glendale market for multifamily investors, GlobeSt.com reports in this EXCLUSIVE story.
LOS ANGELES—Hollywood and Playa Vista account for 67.1% of new office construction, which illustrates the demand from tenants to be in interesting and innovative spaces.
GREENWICH, CT—Much of the 280-property select-service portfolio came into Starwood Capital Group ownership with the $1.2-billion acquisition of TMI Hospitality in 2014.