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    In a unanimous vote, the Federal Reserve decided to raise interest rates for the second time in 2017, indicating their optimism about the U.S. economy and the ability to handle more expensive real estate financing. But some sectors, such as retail, aren't performing as well as others in recent months. Economy Editor Dees Stribling has the latest.

    20 June 2017 16:55
  • CBRE Trades Charlotte Office Building

    Known as 401 McCullough, the property changed hands for $12.3 million. Tempus Realty Partners acquired the vacant building from LNR Partners.

    26 June 2017 20:24
  • New Digital Hub in Charleston

    The management and consulting firm's 75,000-square-foot facility will support clients such as the U.S. Department of Veterans Affairs and the U.S. Navy.

    12 May 2017 17:37
  • CPE’s Top 5 July 2017 Articles

    Miss out on any CPE stories in July? Here are five of our most popular articles for the month, including news on the $5.2 billion Walgreens-Rite Aid merger and a joint venture partnership between GGP and Seritage.

    01 August 2017 14:52
  • Economy Watch Weekly: Consumers Less Certain About Economy

    Economy Editor D.C. Stribling discusses the University of Michigan's latest survey of consumers, which recorded a decrease in confidence about future economic prospects.

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  • Phoenix-Area Shopping Center Fetches $23M

    Sterling Org. acquired a 107,633-square-foot shopping center anchored by Safeway. The property's high-profile tenants include The UPS Store, Nationwide Vision, GNC and FastFrame.

    16 June 2017 17:34
  • Wanhua Picks Louisiana for $1.1B Manufacturing Facility

    Immediate access to suppliers and deepwater transportation via the Mississippi River were among the factors that attracted the Chinese chemical group to the state.

    13 April 2017 10:28
  • Philadelphia’s Apartment Revival

    With developers ramping up construction, multifamily demand remains strong, as the city continues to attract both Millennials and Baby Boomers looking to downsize.

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  • OpenSquare Inks 5-Year Lease at 75 KSF Seattle Warehouse

    Acquired by Westcore Properties last year, the 75,048-square-foot warehouse is situated near the Port of Seattle. Kidder Mathews worked on behalf of the workplace solutions provider.

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  • Morgans Hotel NYC Fetches $41M

    The acquisition is scheduled for completion in July, when the new owners—a joint venture of The Kash Group and Shel Capital—will execute a residential conversion of the the 90-year-old Midtown Manhattan property.

    13 June 2017 20:32