Berkowitz Development Group

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  • Salem Sells Flagship Walgreens in Hawaii

    A Korean investment firm purchased the retail asset for $42.3 million. Salem is pursuing entitlements to redevelop the adjacent site to the store into a hotel/condominium project.

    14 August 2017 13:21
  • Slow Growth, Plentiful Promise in Fort Lauderdale

    After years of dormancy in the wake of the financial crisis, office construction is finally sprouting in Fort Lauderdale, where more than 585,000 square feet of space is expected to come online by the end of the year.

    16 October 2017 11:18
  • Transwestern Welcomes New SVP

    The company hired Franklin Byrd as managing senior vice president of corporate operations and finance. He has more than 25 years of experience in finance, accounting and compliance.

    17 October 2017 11:31
  • Economy Watch: Immigration Policy Changes’ Impact on CRE

    Limiting the number of immigrants to the U.S. would exacerbate the labor shortages that several real estate-related fields are already facing, according to a recent Cushman & Wakefield study.

    22 September 2017 13:43
  • Economy Watch Weekly: Fitch Details Upbeat CRE Outlook

    Multifamily fundamentals should lead the pack during the second half of 2017, with strong showings from the industrial sector and tech-focused office markets, Fitch's U.S. Equity REITs handbook concludes. Meanwhile, Pew Research reports that Americans are increasingly upbeat about the economy.

    13 June 2017 16:45
  • Huff, Niehaus & Associates Arranges Sale of KY Hotel

    Dhami, Sohal & Sehgal Properties sold 101-key Hampton Inn in Horse Cave for $4.4 million. The new owner plans to renovate the building.

    03 October 2017 16:07
  • Parkwood Buys Stake in Private Equity Firm

    The firm bought 10 percent of global private equity firm The Riverside Co. The investment will be used exclusively to grow existing initiatives.

    12 April 2017 13:45
  • Economy Watch: State Unemployment Rates Mostly Flat in June

    Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

    24 July 2017 12:59
  • PAC Nabs GA Grocery-Anchored Shopping Center

    The company’s wholly owned subsidiary, New Market Properties LLC, purchased Rockbridge Village, a roughly 102,432-square-foot retail center in Stone Mountain, Ga.

    07 June 2017 22:05
  • Times Square Office Tower Gets 2 New Tenants

    Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.

    18 September 2017 13:53