Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Last week, CBRE Group announced it intends to acquire all the issued and to-be-issued shares of Telford Homes Plc., a leading developer of multifamily residential properties in London, with a development in-process portfolio (total project cost) of $1.66 billion (£1.32 billion).
In an article and podcast, Alessandro Piol, co-founder and partner of venture capital firm AlphaPrime, tells GlobeSt.com how building communities energizes businesses. And that supports real estate.
"Given the current evolution, shopping malls are going to look different over the next 20 years – likely with smaller anchor stores, more entertainment concepts and restaurants, more experiences for shoppers, and daily service providers such as gyms, grocers, medical offices and even day care providers."
"I've seen transactions of every size and shape, dealt with people good and bad, and have been through a plethora of real estate ups and downs," says Karen Case.