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09/18/2018
Tishman Speyer’s Omniturm Changes Hands in Fast-Track Deal in Germany Valued At Over $800 Million
Artist rendering of Omniturm, a new mixed-use development under development by New York-based Tishman Speyer in Frankfurt, Germany’s central business district. The tower will be one of the first in Germany to combine office, residential and public space...

09/18/2018
Did You Hear? JLL Hires Expert to Shape Future Workplaces
If WeWork wants to get into the brokerage business, brokerage firms can get into workplace realm, right? JLL clearly thinks so, and it’s taking action. The global brokerage services firm just hired John Wooster to lead a Workplace Strategy practice for...

09/18/2018
Exclusive: Triple Five To Acquire Prime Beverly Hills Site
Rendering of the One Beverly Hills project for Wanda Group. Triple Five Group Ltd., the Canadian developer of the Mall of America, is under contract to buy one of the prime development sites in Beverly Hills, California, from China-based conglomerate...

09/18/2018
Fayetteville, North Carolina, Watches Rivers Rise Amid Curfew, Spotty Power, Boarded Up Businesses
Even 90 miles inland in North Carolina, businesses were closed in Fayetteville in the wake of Hurricane Florence. Photo credit: Paul Owers, CoStar Group In Fayetteville, North Carolina, 90 miles west of the worst of Hurricane Florence, sandbagged and...

09/18/2018
Multifamily Developers Contribute to Downtown Cleveland’s Renaissance
The Residences at Leader in Cleveland. Multifamily developers are playing a large role in downtown Cleveland’s revitalization as they continue to transform the city’s many blighted properties into updated, multifamily communities. By taking advantage...

09/17/2018
WeWork Executive Says Shared Office Provider Is Ready for Any Downturn
From left to right: Dave McLaughlin, general manager, northeast WeWork; Alex Sharpe, cofounder and president, iQ Office Suites; Zach Ehrlich, founder and CEO of Mdrn. and Stoop; Brock Tupper, director of workplace strategy, IWG; Adam Bent, cofounder and...

09/17/2018
Exclusive: Dallas Office Building Could Set Texas Sales Record
Lincoln Property Co. is considering selling 1900 Pearl, a 25-story office tower in Dallas, according to real estate sources. The strength of the Dallas office market is raising the possibility for a newly constructed tower to set a price per square...

09/17/2018
Miami-Area Developers Use Condominium Terminations to Deal With Land Shortage
Una Residences, a proposed 47-story tower with 137 condos at 175 SE 25th Rd. in Miami. Modest or shabby condominiums in downtown Miami and across the surrounding region are proving to be ripe for redevelopment as builders try to cope with South Florida...

09/17/2018
Did You Hear? Colliers' Kratz Keeps Climbing
Call Ryan Kratz the rocket man of Southeast commercial real estate. The 42-year-old broker-turned-manager has skyrocketed to the position of president of Colliers International’s Southeast Brokerage operation. Based in Colliers’ Tampa, Florida, office...

09/17/2018
With Sales Booming, Small-Town Apartment Brokers Benefit
The 331-unit Elliston 23 in Nashville.Brett Kingman is too busy to talk about how busy he is. That's because he's an apartment real estate broker in a smaller city, where investors are flocking these days in search for more upside than major markets like...

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