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RECon Preview: What’s in Store for Real Estate’s Biggest Show?
Renewed development, technology, taxes on internet sales and other retail trends will be in the air when 32,000-plus professionals gather at the Las Vegas Convention Center next week for RECon, commercial real estate’s largest event.…
Douglas Emmett Buys Larry Flynt Beverly Hills Office Building for $89M
Douglas Emmett now owns over one-fifth of the Class A office stock in Beverly Hills, Calif. The REIT just acquired the 225,000-square-foot property at 8484 Wilshire Blvd. from Larry Flynt for $89 million, bringing its total presence in the submarket to 1.6 million square feet.…
CBRE Global Investors Fund Buys Hotel in San Jose
CBRE Strategic Partners U.S. Value 6 fund is making its first hotel acquisition with the purchase of the San Jose Marriott, a 506-room, full-service hotel attached to the San Jose Convention Center.…
L.A. City Council Approves BNSF Railway’s $500M Intermodal Facility
BNSF Railway’s $500 million Southern California International Gateway took a big step forward last week with Los Angeles City Council's approval for the 156-acre project. …
GID Development Group Constructing Seattle Apartment Tower
GID announced plans to build a 41-story, LEED Silver certified multi-family high-rise in the heart of downtown Seattle near Amazon.com's world headquarters. …
JLL’s Marisha Clinton on Emerging Real Estate Markets and Industries
Marisha Clinton, director of research, Capital Markets, at Jones Lang LaSalle, names markets and industries that are on the “to watch” list for real estate investors.
Columbia Pacific, Long Market Property Buy San Francisco’s 995 Market St.
The new owners are banking on the "Twitter effect" to attract the city's creative and high-tech set to the 105-year-old office building.…
Behringer Harvard, CT Realty Sell Inland Empire Industrial Asset
Behringer Harvard and CT Realty had completed their strategy of increasing occupancy at the property, which the joint venture acquired in 2010.…
Rexford Industrial Acquires 473 KSF Industrial Complex in Glendale, Calif.
Rexford Industrial has purchased a seven-building, 473,000-square-foot industrial complex on 21 acres in Glendale, Calif., from an undisclosed institutional owner for $56 million. …
Behringer Harvard to Invest in Luxury M-F Development in Costa Mesa, Calif.
April has been a busy month for Behringer Harvard, which is announcing its investment in a third luxury multi-family housing development through its Behringer Harvard Multifamily REIT I Inc.…
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