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One of the scarce available properties is available no more, with Dermody Properties acquiring a 390,800-square-foot distribution space at Hacienda Business Park including excess land for future expansion.
“I think this program is going to force capital that's been sitting on the sidelines to act and to get invested in some of the communities that need it the most across the country,” says Lindsay Sparacino, managing director of EJF Capital.
High-quality infill remains in high demand by investors, causing average rent to blow by the $6 per-square-foot threshold, says Transwestern's third-quarter industrial outlook showing rent growth across nearly every market tracked.
GlobeSt.com visits the new tri-branded Hilton Garden Inn, Hampton Inn and Home2 Suites by Hilton Chicago McCormick Place and learns that Hilton has another 225 hotels in the global pipeline that will be part of multi-brand complexes.
The midterms are finally in the rear-view mirror and here's a look at some of the propositions impacting real estate that were passed or defeated in Tuesday's election.
In preparation for the upcoming RealShare Healthcare conference in Scottsdale, GlobeSt.com chats with experts on rising costs, dwindling Medicare reimbursements and expected mergers and acquisitions in the sector.
Downtown is home to the largest share of that growth, and this continued investment shows a high level of confidence in the metro and contributes to a strong economy.
Scheduled to break ground in the fourth quarter of 2019, the HPE development will consist of two buildings including some 568,000 square feet of rentable space at CityPlace at Springwoods Village.