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Leasing Rebound Drives Quarterly Earnings Growth for Publicly Traded CRE Brokerages

CBRE Group, Inc. President and CEO Bob Sulentic, left, and JLL Chief Executive Christian Ulbrich reported brisk leasing demand in the third quarter of 2017. The largest publicly traded global CRE s.....»»

Category: realestateSource: COSTARNov 7th, 2017Related News

Latest Sign Points to Imminent IPO, Spin Off for Newmark Knight Frank

One of two equity analysts covering BGC Partners, Inc. (NASDAQ: BGCP) has suspended research coverage of the firm ahead of the expected IPO and spin-off of its real estate services subsidiary, Newma.....»»

Category: realestateSource: COSTAROct 23rd, 2017Related News

Sares Regis Buys Toyota"s Former 2 Million-SF Campus in LA County

Irvine, CA-based Sares Regis Group has acquired Toyota's 110-acre former North America headquarters campus in Torrance, CA, more than three years after the Japanese automaker announced plans to reloca.....»»

Category: realestateSource: COSTAROct 19th, 2017Related News

Sares Regis Buys Toyota"s Former 2 Million-SF Torrance, CA Campus

Irvine, CA-based Sares Regis Group has acquired Toyota's 110-acre former North America headquarters campus in Torrance, CA, more than three years after the Japanese automaker announced plans to reloca.....»»

Category: realestateSource: COSTAROct 18th, 2017Related News

Bank Branches Still Matter Even as They Continue to Disappear

Bank branch consolidations have quickened over the last two years as customers continue to embrace digital banking. Simultaneously, the number of new branch openings continues to fall. But it's all .....»»

Category: realestateSource: COSTAROct 18th, 2017Related News

Office Lease Up (October 16) Dropbox Signs Largest Office Lease in San Francisco History

Dropbox has signed a lease for 100% of the office space in Kilroy Realty Corp.'s The Exchange on 16th project in a deal that represents the largest single office lease ever signed in San Francisco. .....»»

Category: realestateSource: COSTAROct 17th, 2017Related News

Workspace Property Trust Files for IPO to Raise $100 Million

A year after acquiring a nearly $1 billion portfolio of suburban office properties, Horsham, PA-based Workspace Property Trust on Monday filed to raise up to $100 million through an initial public .....»»

Category: realestateSource: COSTAROct 17th, 2017Related News

Keppel, KBS Forming New REIT to Acquire $800 Million U.S. Office Portfolio

Singapore-based Keppel Corp. has received approval to launch a new REIT on the Singapore Exchange and has reached a deal for that REIT to acquire 11 U.S. office properties from Newport Beach, CA-based KB.....»»

Category: realestateSource: COSTAROct 16th, 2017Related News

CXP Puts Dry Powder to Work with +$1 Billion in Office Purchases

After a quiet first half of 2017, Columbia Property Trust, Inc. (NYSE: CXP) has fired off more than $1 billion in acquisitions since the July 4 holiday including a flurry of deals for buildings in .....»»

Category: realestateSource: COSTAROct 12th, 2017Related News

CXP Puts Dry Powder to Work with More Than $1 Billion in Office Purchases

After a quiet first half of 2017, Columbia Property Trust, Inc. (NYSE: CXP) has fired off more than $1 billion in acquisitions since the July 4 holiday including a flurry of deals for buildings in .....»»

Category: realestateSource: COSTAROct 12th, 2017Related News

Faster Growth of Amazon Fashion Could Rock Retail Real Estate

Lost in the coverage of Amazon's very public search for a second, multi-billion dollar national headquarters, was the barely-noticed lease the company signed in New York City last month. Yet that leas.....»»

Category: realestateSource: COSTAROct 12th, 2017Related News

Kroger Considering Sale of 784 C-Stores in 18 States

Kroger Co. (NYSE: KR) is exploring options for its $4 billion convenience store business, including a potential sale, as the supermarket company tries to fend off the threat to its brick-and-mortar g.....»»

Category: realestateSource: COSTAROct 11th, 2017Related News

Kroger Weighs Sale of 784 C-Stores in 18 States

Kroger Co. (NYSE: KR) is exploring options for its $4 billion convenience store business, including a potential sale, as the supermarket company tries to fend off the threat to its brick-and-mortar g.....»»

Category: realestateSource: COSTAROct 11th, 2017Related News

Investors Pouring into Smaller Markets in Search of Higher Yields, Driving Price Momentum

Commercial real estate investors priced out of major U.S. markets have expanded their scope to secondary and tertiary markets to find properties yielding more generous returns, a trend typical of lat.....»»

Category: realestateSource: COSTAROct 11th, 2017Related News

Investors Pouring into Smaller Markets, Driving Price Momentum as Cycle Winds Down

Commercial real estate investors priced out of major U.S. markets have expanded their scope to secondary and tertiary markets to find properties yielding more generous returns, a trend typical of lat.....»»

Category: realestateSource: COSTAROct 11th, 2017Related News

Sears Canada Going Out of Business

Sears Canada Inc. will be applying to the Ontario Superior Court of Justice for approval to liquidate all of its remaining stores and assets. The court is expected to hear the motion later this w.....»»

Category: realestateSource: COSTAROct 10th, 2017Related News

Apartment REITs Feeling Pinch of Rising Urban Supply, Declining Rents

Publicly traded apartment REITs that have led the surge in downtown luxury apartment construction since 2009 are trying to adjust as rents in higher-end urban markets continue to decline, prompting s.....»»

Category: realestateSource: COSTARApr 28th, 2017Related News

CoStar"s People of Note (Apr. 28)

It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the followin.....»»

Category: realestateSource: COSTARApr 28th, 2017Related News

San Diego, Tampa Emerge as Surprising Standouts in Recent Office Performance

A combination of low levels of new construction, steady occupancy growth and a strong job market and local economy have boosted the profiles of two surprising office markets, Tampa and San Diego, in ea.....»»

Category: realestateSource: COSTARApr 27th, 2017Related News

US Office Vacancy Rises for First Time Since 2010 as Construction Peaks and Rent Growth Slows

The U.S. office vacancy ticked up 0.1% in the first three months of 2017 to 10.3% marking the first quarterly increase since 2010. Total net absorption in the US office market slipped approximatel.....»»

Category: realestateSource: COSTARApr 27th, 2017Related News