Bisnow Panel: Opportunities, Challenges
Abound In Converting Older Buildings
There's loads of value in adaptive reuse and heritage; plenty of unknowns, too. Some of TO's top minds on the matter weighed in at our Workplace of the Future and Adaptive Reuse Revolution event yesterday at The Ritz-Carlton.
Here's the panel: The Fueling Station managing director Rod Bell (his collaborative workspace development firm launched 25 Liberty); Hullmark Developments VP CRE Aly Damji, whose company developed award-winning 60 Atlantic; Quadrangle Architects principal Richard Witt, who moderated; The Commercial Group…
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More Adaptive Reuse Coverage
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Greybrook Sells Prime Waterfront Site To Greenland Group
Greybrook Realty Partners has sold 215 Lake Shore Blvd E to Greenland Group (Canada), a Chinese state-owned real estate developer, for $166M. Greybrook said the transaction, which closed Oct. 13, represents one of the largest sales in total dollars of…
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CPPIB Takes A 49% Stake In China Shopping Centre
CPPIB and Longfor Properties Co are entering into a second JV to invest in Chongqing West Paradise Walk shopping centre in China, with CPPIB committing C$193M for a 49% stake in the six-level mall (above). This represents CPPIB's first retail mall…
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US CRE Valuations Up, Driven By Demand In Multifamily, Office And Industrial Sectors
Monthly commercial valuations are up 1% this month, thanks to robust multifamily, industrial and office sectors, according to Ten-X's latest Commercial Real Estate Nowcast.
CRE pricing rose by 6.9% compared to a year ago, shows Ten-X's Nowcast research. The firm uses proprietary technology, Google trends data and investor surveys to determine what's happening with CRE pricing in real time.
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US Industrial Markets Keep Record Pace In Q3
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