The drop in the value of the Canadian dollar has not curbed the appetite of Canadian commercial investors for property south of the border. According to a survey cited by the Financial Post, early results indicate that US$ 2.75 billion has already been... Read More
Canadian investors are turning their eyes south of the border their neighbours for investment opportunities and are finding a lot of them. Sales are poised to reach record levels in 2014 as soon as the country’s second-largest pension fund closes on its... Read More
High 5 Games is the latest corporate tenant to sign a lease at One World Trade Center. The company has agreed to lease 87,663 square feet of space in the downtown Manhattan office tower. PTT, LLC, which does business as High 5 Games, is a content... Read More
Bridgestone Americas Inc. is moving its corporate headquarters to a new 514,000 square-foot build-to-suit high-rise in downtown Nashville. The decision to make the move to the $232-million building was reached because Bridgestone had outgrown its current... Read More
Office REIT Parkway Properties has signed an agreement to purchase a 22-property portfolio of Class A assets located across six states in the Sunbelt region for $475 million. Once the transaction has been completed, Parkway is only planning to retain... Read More
A report from PricewaterhouseCoopers LLP has good news for the US hospitality industry: It is on track to hit a 20-year high in 2015. The economy experienced a weather-related slowdown during the first three months of the year and then travel activity... Read More
Health care is a basic need for the population and is something that must be met. The healthcare property development sector of the US commercial real estate market has distinguished itself from the pack by performing well in spite of the current recession.... Read More
There are many office towers up for sale in second-tier cities across the United States, and investors seeking higher levels of return on their investments are responding with great interest. New listings that have recently come onto the market include IDS... Read More
US builders spent more on new home construction in August, which was good news for those hoping for a rebound in the housing market. The increase did not offset the cuts in commercial real estate and public projects, however. Construction spending was down by... Read More
The Urban Land Institute (ULI) is forecasting a 12 per cent reduction in U.S. commercial real estate sales to the year 2014 due to lower projections for economic growth. Figures released by the organization now predict sales of $748 billion in the... Read More
