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    Favorable income gains and low inflation contributed to consumers expressing more optimism about the U.S. economy and their wage expectations in May, according to the University of Michigan's latest Consumer Sentiment Index.

    16 May 2017 13:41
  • DC-Area Office Asset Lands $33M Loan

    The six-story property is close to Twinbrook Metro Station and last underwent thorough renovations in 2004. The current owner bought the building in 2005 from JBG Cos.

    16 October 2017 17:12
  • Economy Watch: Small Business Optimism Still Strong

    Since last November, small business owners have been feeling confident about their prospects, which could lead them to take on more office and industrial space as they expand, according to the National Federation of Independent Business' latest economic trends report.

    12 April 2017 16:18
  • Avison Young to Lease Thor Equities’ NYC Office Portfolio

    A five-broker team fronted by Avison Young’s Arthur Mirante II and John Ryan III will co-handle leasing and marketing operations for the Class A and B properties.

    15 June 2017 15:49
  • Bringing Creativity to CRE

    With a purposely creative approach to development, Silverback Development—and Josh Schuster—are names you’ll likely hear in industry circles for decades to come. CPE recently spoke with Schuster about his company, its projects and the non-profit he founded 12 years ago.

    23 June 2017 15:01
  • Retail Center in Philadelphia Sells for $52M

    Bakers Center, a grocery-anchored shopping center, is located on a 27-acre lot in an area poised for growth. The asset is anchored by ShopRite, Ross Dress for Less and Planet Fitness.

    11 April 2017 14:40
  • New York Office Asset Changes Hands in $25M Deal

    One Lincoln Center underwent a $10 million renovation in 2016 and was 86 percent leased at the time of the transaction. The 17-story asset was built in 1970 and is the tallest building in Syracuse.

    11 May 2017 10:15
  • JLL Arranges $39M Sale of Phoenix Industrial Portfolio

    Colony Northstar is the new owner of two institutional grade warehouses totaling more than 558,000 square feet. Both buildings offer flexible space that can accommodate single and multi-tenant layouts.

    19 July 2017 15:32
  • Flex-N-Gate Breaks Ground on $95M Detroit Plant

    The 350,000-square-foot facility, which is slated for completion by early next year, will become a new centerpiece to the city’s growing I-94 Industrial Park.

    28 April 2017 10:52
  • Economy Watch: Economic Damage of Irma Could Hit $40B

    AIR Worldwide estimates the damage caused by Hurricane Irma could be between $15 billion and $50 billion, but a great deal of uncertainty remains.

    11 September 2017 13:21