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US commercial real estate pricing increased month-to-month by 0.3% in December, according to Ten-X's latest CRE Nowcast report. That's the slowest growth the industry has experienced since June. 
As the bulk of holiday shopping commenced, the retail sector experienced a rebound in pricing, jumping 1.4% during the month, though Ten-X quantitative strategist Matthew Schreck told Bisnow the increase was not solely due to the holiday season. “It may be tempting…
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LIV Plans Second Apartment Development In Nashville
Birmingham-based LIV Development acquired a site for a second apartment development in Nashville, which will be in west Nashville overlooking the Cumberland at 5820 River Road. The developer, which paid a shade over $3M for the 56-acre site, is calling…
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6 International Shopping Centers That Have Successfully Created A Sense Of PlaceThe idea of placemaking in this world of omnichannel retail can be a challenge—but these six international shopping centers have successfully lived up to the task. In an attempt to drive traffic to retail centers when Millennials—now the largest living generation—like the convenience of online and mobile shopping, landlords are creating a sense of place in their centers, catering to the community and combining mixed-use development with experiential elements to drive traffic to their destinations. Bisnow already brought you to six North American shopping centers that have successfully embodied placemaking; now let's take a look at six locations in Europe, the Middle East and Africa, according to CBRE. |
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Investors Snap Up More Nashville Apartments
A value-add real estate fund managed by Nashville-based investment manager Covenant Capital Group acquired two Nashville-area apartment properties recently for $15M. One of the properties is the 170-unit Prestige Pointe Apartments at 200 Paragon Mills Road, which fetched $8M, the…
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Long-Standing Nashville Entertainment Venue Sells
Chaffin's Barn Dinner Theatre, an entertainment venue in Bellevue for nearly 50 years, traded hands for a little more than $2M. Norma Luther was the buyer and John Chaffin the seller. The 2.7-acre property is at 8204 Highway 100 and…
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