SAN FRANCISCO-Continued job growth and low housing affordability will drive down vacancy in 2006, which will enable owners to raise rents and reduce concessions this year, according to a recent forecast report.
SAN FRANCISCO-The Alexandria, VA-based multifamily REIT sells a property it developed in Cupertino, CA for $88 million and, through its fund, picks up a South of Market property here for $66 million.
SAN FRANCISCO-The Alexandria, VA-based multifamily REIT sells a property it developed in Cupertino, CA for $88 million and, through its fund, picks up a South of Market property here for $66 million.
CALGARY, AB-The locally headquartered multifamily REIT agrees to acquire 322 units in Montreal and sell close to 200 units in Calgary in multiple transactions totaling about $45 million.
CALGARY, AB-The locally headquartered multifamily REIT agrees to acquire 322 units in Montreal and sell close to 200 units in Calgary in multiple transactions totaling about $45 million.
SEATTLE-Coming off its second consecutive year as the fastest growing container port in the US, the Port of Seattle Commission authorizes port staff to begin preliminary work for a new $100-million container terminal.
SAN FRANCISCO-Jones Lang LaSalle wins the facilities management work for Sun Microsystems' 17-million-sf global portfolio a few months after winning the real estate services work for the locally based software company. In between, it became the real estate advisor for Kaiser Permanente's 60-million-sf portfolio.
SAN FRANCISCO-Jones Lang LaSalle wins the facilities management work for Sun Microsystems' 17-million-sf global portfolio a few months after winning the real estate services work for the locally based software company. In between, it became the real estate advisor for Kaiser Permanente's 60-million-sf portfolio.
SAN FRANCISCO-A new study that uses historical absorption to look forward three different ways--aggressively, moderately and conservatively--shows a tight CBD class A market here by the end of 2009 regardless of which track the market takes.
WICHITA, KS-Value Place, a young lodging brand by extended stay pioneer Jack DeBoer, has franchise commitments for more than 350 properties in 27 states. Most are slated to be open or under construction within three years. Current holdings tally 14 properties in operation and 11 under construction.