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U.S. Commercial-Property Prices to Climb 6%, Green Street Says
Commercial-property values in the U.S. probably will climb about 6 percent in the next six months, based on recent trading in real estate investment trusts and fixed-income yields, Green Street Advisors Inc. said.
Developer proposes industrial park, hotel on Ridge Pike
LIMERICK — The township board of supervisors recently heard a developer’s plans to build an industrial park and possibly a hotel along Ridge Pike.
Carter Validus Mission Critical REIT Acquires $8,470,000 Ambulatory Surgical Center
Carter Validus Mission Critical REIT, Inc. announced today that it has acquired the St. Louis Surgical Center, an ambulatory surgical center located in the center of Creve Coeur, a suburb of St.
KBS Legacy Partners Apartment REIT Acquires 196-Unit Apartment Complex in Chicago Suburb
CHICAGO, IL-- - KBS Legacy Partners Apartment REIT has acquired Poplar Creek, a 196-unit apartment complex located in Schaumburg, Ill., a prominent suburb of Chicago. The 12.8-acre complex was acquired ...
New Liquidity For Private REITs Is A Real Drag
So-called non-traded REITs represent a rapidly growing income producing niche among alternative investments.
Upper Dublin police issue warrant for 'office creeper'
A man suspected of stealing laptop computers from businesses in the Fort Washington Office Park was identified Tuesday by Upper Dublin police as Gerald Broadwater, aka Frank Broadwater.
Exploration boom fuels plans for new industrial park
The Pratt City Commission is expected to approve an annexation agreement in two weeks that will pave the way for local businessman Dale Withers to develop an industrial park opposite Walmart on U.S. 54.