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The facility has been operated by Frito-Lay since 2004.
The building is near the developer's Soleste Reserve 2, which is set to feature over 300 residential units.
Discussions about artificial intelligence and automation in CRE have largely addressed making business more efficient. But supporting tech for the sake of keeping tenants viable may be more important.
New York and Los Angeles bucked the national trend, both showing significant improvements in annual job gains.
Marcus & Millichap and FCPT announced auto and veterinary transactions.
Nordstrom plans to go private. Party City and Big Lots declare bankruptcy. Big changes are happening.
There is value to be had in quality properties, but they are a minority share.
Despite broader economic uncertainty, the retail investment market is finding pockets of growth.
After three Fed rate cuts, Colliers forecasts a 25%-33% increase in transaction volume, led by industrial properties and CMBS.
Group looks for endangered species at 300-acre Canyon Hills project.