Commercial Real Estate News Highlights 2020
Commercial Real Estate News Roundup – Q2 2020
Atalyst puts together a review of the top commercial real estate news highlights and headlines every quarter from Las Vegas, Reno, San Francisco, Southern California, and Austin. The CRE news covers the most recent acquisitions, property developments, market statistics, and economic reports.
Las Vegas CRE News
Las Vegas Commercial Real Estate Activities in June 2020
CPExecutive covers the latest transaction news and updates from Las Vegas’ commercial real estate market in the final month of Q2 2020. Read More
The State of Las Vegas’ Retail Real Estate Market
Experts from LOGIC Commercial Real Estate in Las Vegas chime in on the current economic situation in Las Vegas, and how it is having an affect on the retail market regionally. Read More
Las Vegas CRE Market Reports
NevadaBusiness.com puts together the latest CRE reports for Las Vegas’ markets, including industrial and retail real estate statistics. See the Reports
Lincoln Property Co. Invests in Nevada Industrial Real Estate Market with Portfolio Purchase
LPC purchased the Hughes Airport Center, which is the first asset the company has purchased in the state of Nevada. The portfolio consists of six buildings with 425K+ square feet. Read More
Colorado and Nevada Join California, Oregon, and Washington in Western Covid-19 Pact
NV joined a group of western states to work together in mitigating the pandemic’s effects, and safeguard the health of their citizens as well as the financial stability of the region. Read More
Reno CRE News
Reno Commercial Real Estate Market Reports for Q1 2020
NevadaBusiness.com covers the industrial, office, and retail sectors of Reno’s CRE industry in separate reports for Q1 2020. See the Reports
San Francisco CRE News
Life Sciences in the Bay Area ‘Going Strong’
The Bay Area life sciences market is doing well despite the economic turbulence and uncertainty in the early stages of 2020. Read More
New REIT Planning to Build Life Sciences Project in San Francisco
IQHQ closed a deal for a 213,000-square-foot life sciences project in South City, a southern part of San Francisco. Read More
Industrial Real Estate Markets Staying Strong Amid Pandemic
While many economic sectors are dealing with uncertainty and adapting to ‘the new reality’, the industrial real estate market is staying strong and growing around the country backed by strong demand for warehouse spaces. Read More
How the Warriors, Uber, and Alexandria Withdrew Millions from the Chase Center
The Chase Center in San Francisco is undergoing some major development changes, and the stakeholders of the project and adjacent buildings are moving money around to consolidate their efforts during the current pandemic. Read More
Southern California CRE News
Radius Group in Santa Barbara’s California CRE News Roundup with Los Angeles and Southern California News Items
Radius Group puts together a list of the most prominent news articles in California. Read More California CRE Stories
Office Building Owners Prioritizing Green, Environmentally Friendly Trends Due to Pandemic
BisNow covers the shift in trends for office buildings to become greener. This is a movement that has been directly impacted and catalyzed by the pandemic and its effects on the economy / workplace. Read More
$250M Multifamily Real Estate Project in the Works in SoCal
Burbank, CA will be home to a major multifamily development project involving multiple properties across Los Angeles and and Southern California. The project is a joint venture between LA-based LaTerra Development and Vancouver’s QuadReal Property Group. Read More
California CRE Property Owners Fighting for Relief from Local Government
Commercial property owners across California who are facing set backs from the pandemic, such as loss of property value are fighting for financial assistance from government agencies and assessors. Read More
Austin CRE News
Austin Commercial Real Estate Deals Roundup June 2020
Austin Business Journal covers the latest commercial real estate transactions, leases, and construction projects in the Austin area. Read More
Colliers Arranged Sale of Leased Retail Property in Austin
The property sold for $7.4 million, and the transaction closed via 1031 exchange. It is a 12,900-square-foot space that is currently occupied by CVS. Read More
Commercial Real Estate News Roundup – Q1 2020
Atalyst puts together a review of the top commercial real estate news highlights and headlines every quarter from Las Vegas, Reno, San Francisco, Southern California, and Austin. The CRE news covers the most recent acquisitions, property developments, market statistics, and economic reports.
Las Vegas CRE News
Las Vegas Commercial Real Estate News Summary – February 2020
Commercial Property Executive (CP Executive) covers all of the major news items around Las Vegas in February. Read More
Blackstone Spends $4.6B in Major Las Vegas Deal
Blackstone’s REIT formed a JV with MGM Growth Properties in order to purchase MGM Grand and Mandalay Bay for $4.6 billion. Read More
Gaming REITs Predicted to Have a ‘Good Chance for Recovery’
While MGM Grand and other casinos on Las Vegas’ Strip have closed to mitigate spreading the coronavirus, experts believe that they are on track for a recovery when business returns. Read More
GlobeSt Covers Atalyst’s Las Vegas Multifamily Report – Q4 2019
GlobeSt interviewed John Gilchrist, founder of Atalyst Financial Group, in order to get the inside scoop on what is going on with Las Vegas’ multifamily market. Read More
Shopoff Realty Investments Sells 34-Acre Property in Las Vegas
Shopoff sold the 34-acre property in LV that was already approved for an 800-unit multifamily development. Read More
Mesirow Financial Acquired Raiders Headquarters for $191M
Mesirow Financial, based in Chicago, inked a sale-leaseback acquisition of the soon-to-be Las Vegas Raiders headquarters. The headquarters include football practice and operations facility, and they confirmed the space for a 29-year lease with seven 10-year extension options. Read More
Reno CRE News
Reno’s Q4 2019 Industrial Real Estate Report Released
According to CBRE Reno, the industrial market in the region is showing robust demand overall. Reno saw its seventh consecutive year of occupancy gains over 3.5 million square feet. Read the Full Report
San Francisco CRE News
Construction in San Francisco Slows Dramatically, But Coronavirus Isn’t the Only Reason
Skyrocketing construction costs over the last several years in The Bay Area are causing a drop in construction projects, that has only been compiled by the current pandemic. Read More
While Construction May Slow Down in General for San Francisco CRE, Industrial RE Will Have an Uptick in Deliveries
The Bay Area could see an aggregate of 9M square feet in deliveries for industrial real estate properties alone in 2020. Read More
Despite a Slowdown in CRE Due to the Pandemic, Big Leases Are Still Being Signed
Some CRE firms in San Francisco are managing to seal big deals during the beginning stages of the economic shutdown from the pandemic. Read More
Oceanwide Center Sold to New Buyer for $1.2B
Oceanwide Center was initially going to sell to SPF Capital International Limited for $1B, but a new buyer came into the fray in the late stages. Read More
One of San Francisco’s Crowned Jewels, Transamerica Pyramid, Sold to NYC Developer
Transamerica Pyramid, the building that looks like a pen, in downtown San Francisco exchanges hands for the first time ever for over $700M. Read More
LPC & Goldman Sachs Join Together for Purchase of Office Property in San Francisco
Lincoln Property Company and Goldman Sachs team up with the purchase of an office real estate space in San Francisco. Read More
Kaiser Permanente Pulls the Plug on the $900M Oakland HQ Project
Kaiser Permanente decided to cancel the planned $900-million headquarters consolidation move in Oakland. Read More
Southern California CRE News
Radius Group in Santa Barbara’s California CRE News Roundup with Los Angeles News Items
Radius Group puts together a list of the most prominent news articles in California. A majority of the stories cover the Los Angeles and San Diego areas specifically. Read More California CRE Stories
Austin CRE News
Austin Commercial Real Estate Shows Resilience During Market Downturn Caused by Pandemic
Austin’s CRE market is showing how resilient it is by staying relatively strong during the initial adapting period caused by coronavirus. Read More
Huge Project Near Austin’s Airport Gains a Partner and Much Needed Momentum
Marketplace Real Estate Group is partnering up with another company to create a massive mixed-use project near the Austin airport. It will have 5.5M square feet of multifamily units, offices, retail stores, hotels, and light industrial spaces. Read More
Why Commercial Real Estate Is Such an Important Part of the Economy in Texas
Texas saw it’s first decline in state GDP contributions from CRE for the first time since 2015; however, it is the state with the most contribution from commercial real estate to its GDP in the nation. Read More
Austin SXSW Center Lands a $65 Million Loan
NorthMarq sealed the deal for a $64.5M financing loan via Pacific Life Insurance Co. for the SXSW Center, which is a 144K square-foot office building. Read More
Wildhorn Acquires Third Multifamily Property in Austin
NKF arranged the sale of Hawthorne at the District, a 1980s-multifamily community property in Austin by the East Riverside corridor. The price of the sale is undisclosed. Read More