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Prologis: Industrial vacancy to stay near historic lows

by Released | Jul 31, 2019

Despite the boon by U.S. logics real estate developers, who have used that time to bring new supply online in markets with lower barriers to entry in the last 10-plus years, the supply is behind demand in aggregate, with vacancies holding at 4.5 percent.

Fed lowers target rate by 25bps

by Released | Jul 31, 2019

The Federal Open Market Committee has decided to lower the target federal funds rate by 25 basis points to a range of 2.0–2.25 percent following its meeting July 30–31. This was the first cut in rates since the global financial crisis.

Black Creek Group plans industrial park north of Atlanta

by Released | Jul 31, 2019

Black Creek Group, a Denver-based real estate investment manager and development firm, has acquired 53 acres in the I-75 Northwest submarket of Atlanta for the development of a three-building, class A industrial park.

Buhl Investors hires new CFO

by Released | Jul 30, 2019

Buhl Investors, an Edina, Minn.–based real estate investment management and development group, is supporting its rapid growth with the hiring of industry veteran Stephanie Matz as CFO.

Lionstone Investments creates tech agreement with Bractlet

by Released | Jul 30, 2019

Lionstone Investments has entered into an agreement with Austin-based smart building software company Bractlet to implement its technology at 31 office properties totaling nearly 9 million square feet, about half of its total U.S. portfolio.

Clarion Partners buys apartment building in Fremont, Calif.

by Released | Jul 29, 2019

Danville, Calif.-based developer Blake|Griggs Properties and its investment partner, JD Capital USA, have sold of its Artist Walk apartment community across from the Fremont ACE train station in Fremont, Calif., to Clarion Partners.

BKM makes largest acquisition to date

by Released | Jul 29, 2019

BKM Capital Partners has acquired the Pacific Business Center, a 898,389-square-foot, 13-building, multitenant light industrial property in Henderson, Nev.

JV starts work on Texas student housing expansion

by Released | Jul 26, 2019

Balfour Beatty Campus Solutions has reached financial close on the third phase of Northside, a mixed-use student housing community for The University of Texas at Dallas.
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