May 12, 2014
NORTHSTAR, CHATHAM FORM $1.3B JV FOR 51-HOTEL PORTFOLIO

NEW YORK CITY AND PALM BEACH, FLA. — Two real estate investment trusts, NorthStar Realty Finance (NYSE: NRF) and Chatham Lodging Trust (NYSE: CLDT), have formed a $1.3 billion joint venture for 51 hotels known as the Innkeepers portfolio. NorthStar purchased a 89.7 percent stak... More
 
 

SOUTHEAST  
HUNTER HOTEL ADVISORS ARRANGES SALE OF THREE MAINSTAY SUITES HOTELS
  

ATLANTA — Hunter Hotel Advisors has brokered the sale of three MainStay Suites hotels fo...more

 
BOULDER GROUP BROKERS $5.9M SALE OF METRO ...  
THOMAS D. WOOD & CO. ARRANGES $14.3M IN FI...  
CUHACI & PETERSON REDESIGNS PUBLIX IN WINT...  
COLLIERS BROKERS SALE OF 51,200 SF INDUSTR...  
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NORTHEAST  
CBRE BROKERS $16.85 MILLION, TWO-PROPERTY MULTIFAMILY SALE
  

BOSTON AND SOMERVILLE, MASS. — CBRE/New England’s Capital Markets team has brokere...more

 
PENNROSE OPENS $14 MILLION SENIOR APARTMEN...  
IPIC ENTERTAINMENT BREAKS GROUND FOR EIGHT...  
SSH REAL ESTATE BROKERS 52,000 SF LEASE AT...  
SAVANNA BROKERS 45,926 SF OF NEW LEASES AT...  
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TEXAS  
VENTURE COMMERCIAL ARRANGES SALE OF 59,297 SF RETAIL BUILDING IN MANSFIELD
  

MANSFIELD, TEXAS — Venture Commercial Real Estate has brokered the sale of a 59,297-squa...more

 
M&M BROKERS SALE OF 46-UNIT APARTMENT COMP...  
HUNINGTON PROPERTIES ARRANGES 20,000 SF RE...  
BYRNE COMPANY BROKERS SALE OF 10,000 SF RE...  
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MIDWEST  
BOULDER GROUP BROKERS $11M SALE OF WALGREENS PROPERTY IN ILLINOIS
  

EVERGREEN PARK, ILL. — The Boulder Group has brokered the $11 million sale of a single-t...more

 
NEW $3.1M FIRE STATION FACILITY TO OPEN IN...  
M&M ARRANGES $666,667 SALE OF APARTMENT BU...  
LEE & ASSOCIATES ARRANGES $470,000 SALE O...  
more news
 
WESTERN  
THE SHOPS AT SIERRA LAKES IN FONTANA SELLS FOR $7.8M
  

FONTANA, CALIF. — The Shops at Sierra Lakes, a 21,615-squa...more

 
VELOCIS BUYS OFFICE BUILDING IN BOULDER’S ...  
H.C. FOODS LEASES 47,813 SF IN VERNON...  
BARSTOW PLAZA SELLS FOR $3.6M...  
SEARS LOGISTICS LEASES LA WAREHOUSE, DISTR...  
more news
 


Birmingham Multifamily
Birmingham Enjoys Improving Fundamentals, In-Town Shift — 05-12-14
<more>

Houston Industrial
Houston Industrial Activity Increases, Intensifies — 05-09-14
<more>

Detroit Retail
Detroit Exudes Optimism — 05-07-14
<more>



APRIL'S JOB GROWTH IS GOOD NEWS FOR COMMERCIAL PROPERTY LEASING MARKET

By Matt Valley

The U.S. economy appears to be gaining traction, boosting the outlook for the commercial property leasing market in the coming quarters, says Robert Bach, director of research for the Americas at real estate brokerage firm Newmark Grubb Knight Frank.

Emerging from their winter hiber...
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