U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]
Commercial
Swedish Company Creates the First Carbon-Positive Data Center
EcoDataCenter, a Swedish company dedicated to building energy-efficient data centers, created its first ever carbon-positive data center, which integrates with the surrounding energy ecosystem to reuse […]
WeWork is Now the Largest Office Tenant in Manhattan
In a milestone development underscoring the growing demand for flexible office space, co-working company WeWork now is now the largest office space tenant in Manhattan, […]
BlackRock Launches Two New Real Estate Investment Funds
Asset management giant BlackRock is launching a new real estate fund to invest in properties in the eurozone, as its global head of real estate […]
Govt. Regulation Adds 30 Percent to the Cost of a Multifamily Development
Regulation imposed by all levels of government (whether local, state or federal) accounts for 32.1 percent of the cost of an average multifamily development, according […]
Freddie Mac Offers Financing Incentives to Landlords Who Cap Rent Increases
Freddie Mac, the country’s largest backer of apartment loans, is rolling out a new program that will offer lower-cost financing to owners who agree to […]
Strong Economy Continues to Strengthen National Office Market
According to Transwestern’s second-quarter 2018 national office market report, continued improvement in the U.S. office sector was due in large part to a strong jobs […]
Cushman & Wakefield Raises $765 Million From IPO
Global real estate firm Cushman & Wakefield (C&W) fetched $765 million in an initial public offering late on Wednesday, making the commercial real estate company […]
Facebook to Build a 970,000 Square Foot Data Center in Utah
Facebook will build a nearly 1 million-square-foot data center at the foot of Utah’s Lake Mountains, state officials said Wednesday. Gov. Gary Herbert predicted the new […]
CBRE Wins Bid to Manage a 720K Square Foot Complex in Downtown Los Angeles
CBRE beat out rivals JLL and Lincoln Property Company to manage 720,000 at the mix-use development known as the Bloc in downtown Los Angeles, reported […]