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June 23, 2024
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• Tidewater Capital Finishes New Moxy Hotel in Oakland
Tidewater Capital has completed work on Oakland’s first Moxy Hotel, a young-at-heart brand by Marriott International. The 172-room boutique hotel was developed utilizing the opportunity zone investment program. The project, w...
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• Multi-Use Logistics Primed for Big Growth
This report was provided by real estate services firm JLL Industrial commercial real estate assets traded to the tune of nearly $96 bil in the United States in 2020, the second-best year on record, and the outlook for 2021 ...
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• San Jose Ranked No. 1 for Office Development Opportunity
This report was provided by real estate services firm CBRE San Jose offers the most favorable market for office construction in the U.S., according to CBRE’s U.S. Development Opportunity Index. While the metro secured the 17...
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• Unusual Economic Recession Shows Mixed CRE Outlook through 2023, per Allen Matkins/UCLA Anderson Forecast California CRE Survey
The Winter 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current pandemic-related economic recession is having a mixed effect on California commercial real estate sectors, a...
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• PWS is Expanding Its CA Laundromat Locations
PWS, the nation’s largest developer of new laundromats and the premier broker of existing laundromats, is developing five new locations across California, with another two locations in final lease negotiations. The new reta...
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• Record $70 Bil Forecast Online Returns Expected to Boost Demand in an Already Tight Industrial Market
This report provided by real estate services firm CBRE Record e-commerce sales will drive more returns of goods bought online this holiday season than ever, stressing supply chains and increasing demand in the already tight ...
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• Office Assets Drive Rebound in Net-Lease Investment Activity
This report was provided by real estate services firm CBRE Investment in U.S. net-lease properties rebounded in Q3 2020, driven by strong interest in office assets and, despite COVID-19 related international travel restricti...
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• New Report from Cushman & Wakefield and Greater Sacramento Economic Council Looks at Region's Growing Economy, Real Estate Demand and Effects of the Pandemic
This report provided by Cushman & Wakefield A new report just published by Cushman & Wakefield, with support from the Greater Sacramento Economic Council (GSEC), examines and offers pre- and post-pandemic insights around the...
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• Kennedy Wilson Boosts Its NoCal Brokerage Presence with Three New Hires and a Promotion
There's been three new hires and one promotion at the Concord office of Kennedy Wilson Brokerage, a division of Kennedy Wilson Property Services. Serving the Bay Area, Sacramento and Central Valley in Northern California, the...
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• Voit Real Estate Services Teams Up with Tangerine Energy in Battery Storage Biz
Voit Real Estate Services has entered into an exclusive collaboration with Tangerine Energy, an energy development company that is working to positively impact the environment and provide grid stabilization to local geographi...
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• San Francisco and Silicon Valley Office Markets Facing Differing Outlooks for the Short-Term
This report was provided by CBRE While the tech industry overall has proven one of the most resilient during the pandemic, the unique composition of San Francisco and Silicon Valley’s tech sectors has led to a divergence in ...
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• Highgate to Acquire Six Hospitality Portfolios from Colony Capital in $2.8 Bil Transaction
Colony Capital Inc has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate, a premier real estate investment and hospitality management company, in a transaction valued at $2.8 bil, inclu...
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• After Depressed Second Quarter, U.S. Hotel Industry is on Recovery Path
This report provided by CBRE. After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the second quarter, the U.S. hotel industry is poised to begin a mu...
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• Silicon Valley Sees Sixth-Most Data Center Leasing in North America in H1 2020
This report was provided by CBRE Driven by demand from cloud service providers, Silicon Valley tied for the sixth-most data center leasing activity in North America in the first half of 2020, according to CBRE’s latest Nort...
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• Net-Lease Comprises Bigger Share of Commercial Real Estate Investment Activity
This report was provided by CBRE Net-lease investment fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity caused by the ...
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• Construction Spending Edges Higher in July
By: Mark Vitner, Senior Economist Wells Fargo Securities Economics Group Charles Dougherty, Economist Wells Fargo Securities Economics Group Construction activity appears to be holding up fairly well relative to other ha...
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• Critical Role of Data Centers in Business Continuity Drives Data Center Market Resilience in H1 2020
This report was provided by real estate services firm CBRE The North American data center sector was resilient in the first half of 2020 as many businesses implemented hybrid IT infrastructure to improve their remote work ca...
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• Tauro Capital Advisors Arranges Three Real Estate Debt Facilities Totaling $50 Mil
Tauro Capital Advisors Inc has secured a total of $50 mil in revolving debt facilities that will enable single-tenant, triple-net-leased developers to expand their portfolios through new site acquisitions and development. Ta...
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• North American Commercial Real Estate Market Reacts Sharply to Economic Downturn
This report was provided to us by Transwestern After a strong start to 2020, the impacts of COVID-19 on the commercial real estate industry became evident during the second quarter. The Midyear Market Sentiment Survey just r...
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• Clean Up in the Laundromat Biz!
PWS Laundry, which has developed more than 3,000 laundromats and at one time operated in 17 states, is expanding. The company seeks to open 30 to 50 new locations across the U.S. in the next 12 months, maximizing its experti...
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