Richard Green

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  • Economy Watch: Ten-X Reports CRE Prices Leveling Off

    The robust growth that characterized most of 2016 largely slowed down by the end of the year, with property valuations climbing just 0.5 percent since November, according to Ten-X's latest Commercial Real Estate Nowcast.

    03 April 2017 13:11
  • Lidl Enters Texas Market

    The German grocer acquired more than 5 acres in San Antonio and later this year will begin construction of a 30,000-square-foot location.

    25 September 2017 15:08
  • Former ARC Hospitality Closes First Phase of $400M Investment

    Rebranded Hospitality Investors Trust, the company has also completed a transition to self-management, having terminated its previous agreement with American Realty Capital Hospitality Advisors.

    04 April 2017 12:14
  • Passco Nabs Inland Empire Value-Add Retail Center

    The company plans to reposition the 102,976-square-foot neighborhood shopping center in Corona, Calif. The retail market has one of the lowest vacancy rates in the regions.

    11 May 2017 16:00
  • Economy Watch: Fitch Report Optimistic About CRE

    In its first annual U.S. Equity REITs Handbook, Fitch predicts continued positive property-level fundamentals across most asset classes in 2017. Industrial REITs and office REITs with properties in technology-focused markets should perform particularly well.

    06 June 2017 13:34
  • JV Acquires Los Angeles Creative Office Building

    Newcastle Partners and Westport Capital Partners formed a joined venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.

    17 July 2017 07:11
  • Economy Watch: Washington State Has Healthiest Economy

    A recent WalletHub report ranked the 50 states based on economic health, which affects commercial property growth. Washington state took the top spot, followed by California, Utah and Massachusetts.

    12 June 2017 13:50
  • Boston-Area Lab Facility Changes Hands

    The 40,000-square-foot, single-tenant property in Billerica traded for $6.2 million. The single-story building is fully occupied by biotech company RainDance Technologies.

    01 August 2017 10:26
  • Honolulu-Area Oceanfront Retail Center Changes Hands

    J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.

    02 October 2017 23:50
  • Tampa Office Tower to Undergo Major Renovation

    Current joint venture ownership plans to completely transform the building’s façade, in addition to upgrading and introducing several new tenant amenities.

    08 June 2017 14:32