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NEWS AND INFORMATION

DTZ and CoreNet Global Establish a Multi-Year Benchmarking Relationship
CHICAGO, April 14, 2015 /PRNewswire/ -- DTZ, a global leader in commercial real estate services, has partnered with CoreNet Global to incorporate the organization's unique benchmarking service, BenchCoRE, ...

Wallet squeeze: Apartment rents projected to rise again
The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...

US office space rent rises at fastest clip in a decade: report
Stepped-up business hiring pushed the rental price of U.S. office space up 3.1 percent in the first quarter, the highest quarterly gain in a decade, as demand for commercial real estate accelerated, according to Jones Lang LaSalle Inc .

Washington Trust Provides $3.5 Million in Financing for Apartment Complex in Ellington, CT
WESTERLY, R.I. -- Washington Trust's Commercial Real Estate Group recently provided $3.5 million in financing to Taymil Stonebridge Portfolio, LLC, a subsidiary of Taymil Partners, to refinance and complete ...

Fort Mill office buildings sold for $39.5 million
The three Class A office buildings total about 178,000 square feet, and opened in the last decade. The tenants include paper company Domtar, other corporate operations and two medical offices.

More Lindemuth properties to go to auction in May
Two dozen commercial properties belonging to Topeka developer Kent Lindemuth will go to the auction block on May 8. United Country Real Estate's website shows 24 properties owned by Lindemuth or entities linked to him that will go on sale.

Step into Zuckworld: rollerblading and selfie stumps at the new Facebook HQ
Take a first look inside Mark Zuckerberg’s gargantuan new office designed by Frank Gehry, which has a real-life Facebook wall, a rollerblade fun park and a Why Room. Oh the fun they must have A big blue thumbs-up sign stands at the entrance to 1 Hacker Way in Menlo Park, California, signalling the home of the biggest social network in the world. It is an appropriately oversized symbol of ...

Pure Multi-Family REIT LP announces US$54.3 million property acquisition
Pure Multi-Family REIT LP announces US$54.3 million property acquisition