Midwest

PECO's merger with REIT II creates a national portfolio with ownership interests in 334 grocery-anchored shopping centers encompassing approximately 37.7 million square feet located across 32 states.

Institutional investors are interested in Opportunity Zones as many have ESG mandates.

The new Ogden Commons development will offer mixed-income housing, retail and office space across 10 acres.

“The National offers everything that investors nowadays expect of a hausInvest investment, a redeveloped landmark building in a prime location geared to modern users at an attractive price with a reliable cash flow and the potential for value appreciation through active asset management,” says Henning Koch of Commerz Real.

GlobeSt.com caught up with executives from Hilton and First Hospitality Group here in Chicago to talk about the benefits, challenges and strategies when developing and running a multi-brand property.

Rick Wolf, head of Greystone's small loan platform, says that Greystone has closed more than 400 small loans with the two GSEs that he says “clearly demonstrates our commitment to the agency small loan business.”

The first BrandBox location will open this weekend at Tysons Corner Center with Winky Lux, Naadam, Interior Define, Nectar Sleep, DKNY, and UrbanStems as participating retailers. Additional locations are expected to open in 2019 at select Macerich properties.

“Commercial real estate professionals are reporting great growth in the past year, which has convinced more and more members to enter the commercial industry.”