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    Rent growth has been decelerating since it reached double-digit levels in 2015. As of May, the metro’s $2,675 average rent was more than double the national average of $1,316, according to Yardi Matrix.

    04 August 2017 09:05
  • CBRE Arranges Sale of Caribbean Resorts

    DLJ Real Estate Capital Partners sold the assets to Wind Creek Hospitality, the principal gaming and hospitality enterprise of the Poarch Band of Creek Indians, Alabama’s only federally recognized tribal entity.

    25 October 2017 19:56
  • BlackRock Sells LA Office

    Eastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.

    25 October 2017 20:15
  • Baum Realty Tapped to Market Downtown Chicago Site

    The 12,759-square-foot, mixed-use building is very close to the heart of the Bucktown/Wicker Park and features 139 feet of frontage retail space on Damen Avenue as well as an additional 3,885-square-foot parcel to the north.

    15 June 2017 15:27
  • Brazil’s 90MW Cristalândia Wind Farm Begins Operations

    Enel invested approximately $190 million into the development of the 90-megawatt Cristalândia wind farm. The facility has a generating capacity of roughly 350 Gigawatt hours per year.

    27 July 2017 18:32
  • New Harley-Davidson Showroom to Open in Chicago

    The company signed a lease for 10,000 square feet of retail space at The Addison & Clark development, across the street from Wrigley Field. The store will be operational in 2018.

    18 July 2017 11:45
  • Celebrating 30: Blackstone, Wells Fargo Make $23B Buy

    We're celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate's history. This week: Blackstone and Wells Fargo's mega-deal with GE Capital. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.

    26 September 2017 17:29
  • Rent Growth Moderates; Demand Persists in Boston

    Due to above-trend population gains and increasing job growth, the metro ranks as one of the most stable multifamily markets in the U.S.

    11 September 2017 11:16
  • Vornado Completes $500M NYC Refi

    The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It's the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.

    26 July 2017 11:35
  • U of Utah Health Inks Redevelopment Lease

    Cushman & Wakefield Commerce and CBRE represented the tenant. The Sugar House building is part of a wider mixed-use area revitalization by Westport Capital Partners LLC.

    06 July 2017 06:56