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PREIT continues the drive to upgrade the quality of its portfolio. The REIT has executed agreements of sale and received non-refundable deposits for the sale of Washington Crown Center in Washington, PA, and the office building it retained at Voorhees Town Center in the New Jersey suburbs of Philadelphia. The 676,000-square-foot Washington Crown...
Santa Monica, CA-based Douglas Emmett, Inc. (NYSE: DEI) has acquired a 19-story office building at 12100 Wilshire Blvd in the Brentwood submarket of Los Angeles from Hines for $225 million. Douglas...
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 following markets: Minneapolis...
Prologis, the world’s largest developer and owner of industrial real estate, reported the first six months of 2016 were the strongest in its company's history as moderate levels of new supply paired with...
The three largest U.S. public pension funds all reported weaker than expected net annual returns this month laying the blame on volatility in the public equity markets, particularly foreign investments...
While the overall retail property sector appears to be strengthening, a handful of loans for lower-quality shopping centers and malls financed at the height of the previous CRE cycle are coming due now...


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