Justin Elghanayan

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  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • Switch Unveils $2.5B ATL Data Center Investment

    The Keep, which is expected to be fully powered by green energy, will serve as a hub for the Southeastern U.S. market.

    30 May 2017 09:43
  • Portland’s Silicon Forest Continues to Grow

    Multifamily demand remains elevated, fueled by a healthy job market and an influx of young people. Oregon’s GDP grew 4.6 percent as of the third quarter of 2016, placing it in the top 10 fastest-growing states in the nation.

    25 May 2017 08:58
  • Concord Hospitality Brings Hyatt Place to Jacksonville

    The property will be located at The Strand at St. Johns Town Center, a 45-acre, mixed-use development comprising residential, retail, restaurant and hotel space.

    15 May 2017 16:12
  • Phillips Edison REIT to Acquire $1B in Sponsor Assets

    The combined company, which is expected to reach a total enterprise value of $4 billion, will own 230 shopping centers in 32 states.

    23 May 2017 09:11
  • Hines Nabs Houston Logistics Park

    The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.

    03 April 2017 13:18
  • Ascensia, Exelon Ink Leases at The Summit

    The Summit office campus in Valhalla, N.Y., will be home to a Fortune 100 energy company and a diabetes health management company later this year.

    01 June 2017 12:08
  • Wyndham to Separate Hotel, Timeshare Businesses

    Geoff Ballotti, the current CEO, will lead the hotel company, and Michael Brown, current CEO of the group’s Vacation Ownership division, will lead the timeshare operation.

    07 August 2017 12:43
  • Population Growth Sustains Demand in Nashville

    The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.

    03 October 2017 13:46
  • Chipotle Opens New Ohio Location

    Cincinnati Commercial Real Estate, an affiliate of NGKF, represented the landlord. After Starbucks and Sport Clips Haircuts, the restaurant is the third tenant of the new retail center at the corner of Loveland Madeira and East Kemper roads.

    16 May 2017 14:14