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    The month's increase in personal income was mainly because of a boost in private wages and salaries, the BEA reported. This bodes well for the wider economy, and potentially for retail sales.

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  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

    29 May 2017 06:49
  • John Lo Joins CBRE as SVP

    John will bring more than 23 years of experience in commercial real estate finance to his new role. Prior to joining CBRE, John worked for three years at JLL.

    11 May 2017 14:08
  • TIER REIT Buys Big in TX, Sells in KY

    The company acquired a Class A office asset in Plano for $123.3 million and sold a portfolio in Louisville, Ky., for $71.5 million.

    27 June 2017 09:52
  • JLL Closes Sale of Westin Atlanta Airport Hotel

    Thayer Lodging Group sold the 500-key property, which is located near the Georgia International Convention Center and the Hartsfield-Jackson International Airport.

    06 April 2017 09:05
  • Concord, Beaufort JV Breaks Ground on NC Hotel

    The three-story inn will be part of the Ascend Hotel brand, a collection of historic, boutique and unique properties that feature a sense of local flavor.

    25 July 2017 10:06
  • Digital Realty, DuPont Fabros to Merge

    The all-stock transaction valued at $7.6 billion paves the way for the creation of the second-largest data center REIT and the eighth-largest publicly traded REIT in the country.

    13 June 2017 08:34
  • Terreno Realty Lands Seattle Distribution Building

    The company paid $5.9 million to acquire the 35,000-square-foot property, which is located at 25-29 South Hanford St. in the SoDo district.

    26 April 2017 18:37
  • HTA Grabs Multi-State MOB Portfolio for $150M

    Already the largest owner and operator of medical office buildings in the U.S., Healthcare Trust added 592,000 square feet of space in Arizona and Southern California.

    11 May 2017 12:03
  • WeWork Scores $4.4B Investment

    SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.

    29 August 2017 11:22