Savills Expands in Puerto Rico With New Partnership
The company has teamed up with a local tenant advisory firm.
The post Savills Expands in Puerto Rico With New Partnership appeared first on Commercial Property Executive.
The company has teamed up with a local tenant advisory firm.
The post Savills Expands in Puerto Rico With New Partnership appeared first on Commercial Property Executive.
REITs are well-positioned to capture growing carrier demand, analysts say.
Tenant needs are constantly evolving, but older stock in infill locations remains a sought-after, cost-effective alternative.
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The investment vehicle will target industrial developments and acquisitions.
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Subjected to contrary influences, the sector is both resilient and fragile, according to the latest Datex report.
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Washington Capital Management provided the financing.
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This grocery-anchored property previously traded in 1989.
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Here’s how the market’s performance compares to national trends, according to CommercialEdge data.
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The buyer plans to upgrade the vacant facility.
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And how this trend is expected to play out, according to CBRE’s latest research.
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The two tenants will occupy the 14th and 29th floor at the tower.
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The buyer secured $29 million in acquisition financing.
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The fund will target diverse opportunities in the U.S. and beyond.
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A modular ramping provider will move its headquarters to the recently completed facility.
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The companies have closed more than $1 billion in transaction volume together since 2009.
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The properties serve warehouse tenants supporting the local data center industry.
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This office campus recently underwent $50 million in renovations.
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One of the buildings houses the headquarters of Podium.
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As overall demand rises, increasing power costs are unavoidable.
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REIT CEO succession is seen as one of the highest priorities for the board to address.