Mainstreet to acquire CareIT Portfolio for $425m by Andrea Waitrovich | Nov 27, 2017 In a partnership with Tiptree Inc. and other subsidiaries, Mainstreet Health Investments is slated to acquire Care Investment Trust for approximately $425 million.
Broadtree Residential acquires Walden Ridge Apartment Community in Kennesaw, Ga. by Released | Nov 22, 2017 Broadtree Residential, a private REIT managed by Broadstone Real Estate, announced the acquisition of the REIT’s third multifamily apartment community.
Griffin Capital selling DreamWorks Studio in Glendale, Calif., for $290m by Released | Nov 21, 2017 Griffin Capital Co., on behalf of Griffin Capital Essential Asset REIT, has sold DreamWorks Animation’s Headquarters and Studio Campus, located in Glendale, Calif.
Holiday shopping: E-Commerce sales growth outpaces traditional retail by Andrea Waitrovich | Nov 21, 2017 During the third quarter 2017, U.S. retail e-commerce sales for the third quarter of 2017, adjusted for seasonal variation, but not for price changes, was $115.3 billion, an increase of 3.6 percent (±0.7 percent) from the second quarter of 2017.
Inland Real Estate purchases 360-unit multifamily property in Colorado by Released | Nov 21, 2017 Inland Real Estate Acquisitions has closed on the purchase of 8000 Uptown Apartments, located in Broomfield, Colo., on the north side of Denver.
Argosy Real Estate Partners acquires Glen View by Andrea Waitrovich | Nov 21, 2017 Argosy Real Estate Partners IV and its parallel funds closed on the off-market acquisition of Glen View.
San Francisco named number 1 high-tech job growth market by Andrea Waitrovich | Nov 20, 2017 Tech jobs grew four times faster than the national average, according to CBRE Research’s 2017 Tech-30 report.
Commercial real estate industry makes progress in reducing energy consumption by Andrea Waitrovich | Nov 20, 2017 A new report from the Urban Land Institute’s (ULI) Greenprint Center for Building Performance shows that several of the world’s leading commercial real estate owners and managers are making significant progress in reducing energy consumption, carbon emissions and water usage in their buildings.
Facebook increases investment in N.M. data center to total $1b by Andrea Waitrovich | Nov 16, 2017 Facebook has plans to expand its data center in Los Lunas, N.M.
Rising demand for energy to boost the onshore oil and gas pipeline market by Released | Nov 16, 2017 The global onshore oil and gas pipeline market is expected to grow at a CAGR of close to 7 percent during the forecast period, according to Technavio’s latest market research.
Global wealth 27% higher than a decade ago, led by further U.S. gains by Andrea Waitrovich | Nov 15, 2017 Ten years from the onset of the global financial crisis, global wealth has grown by 27 percent, according to Credit Suisse Research Institute’s 2017 Global Wealth Report.
CIM Group buys Cole Capital by Released | Nov 14, 2017 VEREIT has sold Cole Capital to an affiliate of CIM Group in a cash-and-fees deal worth up to $200 million.
Wall Street Journal ranks Dallas as top choice for Amazon’s second headquarters by Andrea Waitrovich | Nov 14, 2017 The Wall Street Journal released its definitive list of potential locations for Amazon’s new corporate headquarters. released its definitive list of potential locations for Amazon’s new corporate headquarters.
Wisconsin governor and Foxconn chairman sign $10b historic agreement by Andrea Waitrovich | Nov 13, 2017 Wisconsin Governor Scott Walker and Foxconn Technology Group signed a contract to provide up to $2.85 billion in state income tax credits to the company to support the development of a world-class advanced display manufacturing campus in Racine County expected to create 13,000 new jobs in the region.
President Donald Trump signs $250b China energy deal, West Virginia to benefit by Andrea Waitrovich | Nov 13, 2017 West Virginia was the biggest recipient of the $250 billion of investments signed during President Donald Trump’s visit to China.
