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Piedmont Strikes Deals to Sell 14 Office Buildings to Pair of Undisclosed Buyers

Piedmont Pointe II in Bethesda, MDAs part of its ongoing strategy to focus on owning Class A office properties in select submarkets primarily within eight major Eastern U.S. office markets, Piedmont Office Realty Trust (NYSE:PDM) said it is...

Piedmont Strikes Deals to Sell 14 Office Buildings to Pair of Undisclosed Buyers

Piedmont Pointe II in Bethesda, MDAs part of its ongoing strategy to focus on owning Class A office properties in select submarkets primarily within eight major Eastern U.S. office markets, Piedmont Office Realty Trust (NYSE:PDM) said it is...

Once Retail Darlings, Off-Price Dept. Stores Rethinking Location Strategies as Sales Decline

After being one of the few retail bright spots for several years coming out of the great recession, off-price department stores such as Macy’s Backstage and Nordstrom Rack appear to be reassessing their business models and making changes...

Major Apt. Developers Disclose Plans to Slow Pipelines as Multifamily Deliveries Expected to Peak Next Year

One of the largest projects of next year will be the mid-2018 groundbreaking of the 1.15 million-square-foot second phase of Washington, D.C.’s The Wharf by PN Hoffman and Madison Marquette, including residential, office, marina and retail...

Major Apt. Developers Disclose Plans to Slow Pipelines as Multifamily Deliveries Expected to Peak Next Year

One of the largest projects of next year will be the mid-2018 groundbreaking of the 1.15 million-square-foot second phase of Washington, D.C.’s The Wharf by PN Hoffman and Madison Marquette, including residential, office, marina and retail...

High Pricing, Limited Construction Luring Industrial Portfolio Sellers Back Into Sales Market

Almost any way you look at it, from rising rents and e-commerce-related leasing demand, to strong investment sales and pricing, 2017 is shaping up as possibly the strongest year on record for U.S. industrial real estate. “It’s really...

Workspace Property Trust Postpones IPO, Citing Unfavorable Market Conditions

Workspace Property Trust acquired 1 Country View Road in Malvern, PA, as part of its $969 million purchase of a 108-property office and flex portfolio in late 2016. Suburban office owner Workspace Property Trust has postponed a planned initial...

Cold Storage Becoming a Hot Property Investment

The Blackstone Group (NYSE:BX), which reportedly attempted to buy one cold storage warehouse operator earlier this year, has found a willing partner in another. Sioux City, IA-based Cloverleaf Cold Storage has agreed to a recapitalization that...

VEREIT Selling Cole Capital to CIM Group Affiliate for Up to $200 Million

Cole Real Estate Income Strategy (Daily NAV), Inc., one of five REITs managed by Cole Capital, has acquired several retail portfolios and freestanding properties in 2017, including this Wal-Mart store in Liberty Plaza in Randallstown, MD. In...

VEREIT Selling Cole Capital to CIM Group Affiliate for Up to $200 Million

Cole Real Estate Income Strategy (Daily NAV), Inc., one of five REITs managed by Cole Capital, has acquired several retail portfolios and freestanding properties in 2017, including this Wal-Mart store in Liberty Plaza in Randallstown, MD. In...