Real Estate Blog
Chinese hospitality company to set up headquarters in Tempe
The company already had operations in Scottsdale and California, and plans to move employees into the new Arizona offices by the end of the year.
WeWork’s next coworking space is on Seattle’s waterfront, city records show
WeWork's latest deal makes it one of the Puget Sound region's largest occupiers of office space, just behind Facebook but ahead of Google.
Iridium building sells for $16 million
What: Iridium @ Price Road Corridor
Size: 69,820 square feet
Location: Chandler
Cost: $16 million
Buyer: Bay Capital LLC of Braintree, Massachusetts
Seller: Los Angeles-based Cohen Asset Management
Details: The property is fully leased to Iridium Communications. The asset includes three acres of vacant land to either expand the project, add a building or add parking in the future.
What they said: “In 2014, Cohen put together an investment strategy for the acquisition of Iridium @ Price Road…
Plastics company leases manufacturing plant, warehouse in Gilbert
Keter Plastics, an Israeli company that manufactures and sells resin-based household and garden products, leased two buildings in Gilbert for manufacturing and warehousing.
In total, the company leased more than 323,000 square feet in the Fiesta Tech Center. Pete Klees and James Harper of Cushman & Wakefield Phoenix represented Keter in the negotiations. Los Angeles-based Fiesta Venture LP owns the property.
The building at 1300 N. Fiesta Blvd. contains 243,000 square feet of space and will be…
Done Deals: Retail sales dominate another week; historic building snatched up for $4.7M
A number of retail properties changed hands this week in metro Denver.
Hines updates concept for long-planned tower in office-starved Bellevue
Despite a shortage of downtown Bellevue office space, Houston-based developer Hines won't start construction of the 17-story building until it pre-leases some of the space.
Crane Watch update: Proposals for more than 4,000 hotel rooms have piled up in San Jose’s tight market
In Silicon Valley, where business travelers come from all over the globe to work with the biggest tech companies in the world, hotel rooms have become a hot commodity — particularly on weekdays.
Developers are responding to the demand, according to recent data compiled by the Silicon Valley Business Journal for our Crane Watch project, which tracks and maps projects spanning 90,000 square feet in size or greater throughout San Jose. That data shows more than 4,030 hotel rooms are in the city's…
Amazon Go set to land first San Francisco location in long-vacant FiDi storefront
Rumors have been swirling for months of Amazon's plans to open its first cashierless store in the city. Now it finally has an address.
How ‘smart growth’ can help fill Oregon’s 155,000-unit housing gap
A higher-density, more transit-oriented approach could help alleviate the crunch over the next two decades.
Oahu records more $10M home sales than ever as new condos lure new wealthy buyers to Hawaii
The numbers for Oahu so far this year are already five times the two $10 million-plus sales for single-family homes last year.