Florida
Cabot Picks Up Palm Beach Distribution Portfolio for $26M
Cabot Properties acquired three multi-tenant warehouse and distribution buildings totaling 173,812 square feet in Palm Beach County, FL from McCraney Property… Read more
Coming to your Nearest Bass Pro Shop: Build-A-Bear
With the holidays just around the corner, Build-A-Bear Workshop is expanding its stuffed-bear-making abilities nationwide. The Saint Louis, MO company… Read more
CRE’s Liquidity is on the Decline Again
With all of the capital chasing what often appears to be too few investment opportunities, one key metric is on… Read more
RAMCO Properties Changes Name, Relocates to NY
RAMCO Properties is changing its name to RPT Realty and has relocated to New York to be closer to leading… Read more
Net Lease Platform B + E Opens Chicago Office
B+E, a tech-driven brokerage and trading platform for net lease real estate, has branched out to Chicago and has hired… Read more
Iconic Tampa City Center Trades for $110M
A partnership between Miami-based Banyan Street Capital and Oaktree Capital acquired Tampa City Center, a 38-story, 757,425-square-foot office tower in… Read more
Phoenix’s Chase Tower Trades Again, This Time for $108M
New York-based Viola Lordsmeer L.P. acquired Chase Tower in downtown Phoenix from a partnership managed by Phoenix-based Wentworth Property Co.… Read more
Berkadia Arranges $47M Refi for North Miami MXU
Berkadia secured $46.5 million in financing for the recapitalization of Causeway Square, a 168,956-square-foot, Class A mixed-use development in North… Read more
It’s NOT the Economy, Stupid
Healthcare has emerged as the top issue for voters headed into the midterm elections, outranking both the economy and gun… Read more
Finding a New Healthcare Purpose for Obsolete MOBs & Shuttered Hospitals
Connect Healthcare had the pleasure of speaking with John S. Wadsworth, a senior vice president with Colliers’ healthcare services group.… Read more
What’s Driving Down Self Storage Rents?
New self storage deliveries pushed U.S. rent rates down in September 2018, according to research by Santa Barbara, CA-based Yardi… Read more
Wanted: New General Contractor for Hotel Paso Del Norte
The Meyers Group has put a hold on renovating the historic Hotel Paso Del Norte in downtown El Paso. The… Read more
Vesper Adds 792-Bed Vie at Hattiesburg to Portfolio
Vesper Holdings struck a deal with Vie Management of Miami, FL to acquire Vie at Hattiesburg. The New York City… Read more
Multistory Warehouses in the U.S. Still on Horizon
Multistory warehouses in theory make sense as a means of overcoming the shortage of buildable land for new infill development.… Read more
Miami’s Downtown Dadeland Dealt for $47M
Berkadia arranged a $46.97 million loan for the acquisition of Downtown Dadeland, a seven-acre urban retail development in Miami. The… Read more
MedMen to Acquire PharmaCann for $682M
Los Angeles-based MedMen Enterprises Inc. is acquiring Chicago-based PharmaCann LLC in an all-stock transaction valued at $682 million. It is… Read more
Dallas, Fort Worth Top ULI’s List of Best Investment Markets
Talent and economic diversity are the leading themes running through this year’s top cities in the latest Emerging Trends in Real… Read more
Cannabis Retailer Names former Walmart Exec as COO
Cannabis retailer MedMen Enterprises Inc. hired Ben Cook, a former executive with Walmart Inc. and Apple Inc. as chief operating… Read more
Overall U.S. Mortgage Delinquency Rate Drops to a 12-Year Low
Irvine, CA-based CoreLogic’s monthly Loan Performance Insights Report reveals that 4.1% of mortgages nationally were in some stage of delinquency in… Read more