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International Beat 

Poland’s Big Deal Amazon is coming to Poland Panattoni Europe is set to deliver more than 200,000 sm to Amazon in two distribution centers located in Poznań and Wroclaw, Poland. “The distribution centers are the biggest contract in the history

Market Trends 

Canadian Investors Buy Elsewhere Given the small size of Canada’s commercial real estate market, many domestic commercial real estate investors have been actively acquiring properties in the U.S. and other markets according to Jones Lang LaSalle. Canada’s assets are clustered

Global Outreach 

As investors continue their search for stability and yield, accelerated capital flows into global real estate are set to continue in 2015. Macro and micro economic, demographic, and global shifts — coupled with increasing allocations from sovereign wealth funds, pension

Regional Outlook 

South Florida’s Big Deal Florida’s net lease market is one of the nation’s most active, according to a recent report by Calkain Cos. and Beshears & Associates. Banks have the lowest asking and sales cap rates, averaging 4.95 percent and

Market Trends 

3 Trends for 2015 Raymond Torto, Harvard University lecturer and recently retired CBRE global chief economist, and Douglas Poutasse, executive vice president and head of strategy and research at Bentall Kennedy, cited three positive real estate trends in their remarks

International Beat 

Australia’s Big Deal Australia continues to attract numerous cross border investors purchasing hospitality real estate. Sydney is the site of the majority of transactions, according to JLL. The China based Sunshine Insurance Group recently paid a record $463 million for

Regional Outlook 

West San Francisco’s Big DealThe City by the Bay started the new year off right, with the highest price yet paid for an office property. Invesco bought 101 Second St., a 90 percent leased office building in San Francisco’s South

International Beat 

Dubai’s Big Deal A Hong Kong based investor group, Chow Tai Fook Endowment Industry Investment Development, has purchased $1.9 billion in residential and hotel assets in the stalled Dubai Pearl project, a 20 million sf mixed use development in Dubai.

International Beat 

U.K.’s Big Deal U.K. shopping center transaction volume reached £2.7 billion in the first half of 2014, up from £2.2 billion in 1H13, with 28 properties changing hands, according to DTZ. The largest transaction was Land Securities purchase of a

Market Trends 

The Great Retail Class Divide According to Cassidy Turley’s Spring Retail Report, national credit tenants rule the roost today and their rule is class A shopping centers or nothing at all. Class B centers should be upgrading to compete with

Market Trends 

Briefly Noted Hospitality — With more money available for construction lending, Pittsburgh has become a mecca for limited service hotels, with the number of rooms increasing more than 1,000 percent since 2007, according to a HotelNewsNow.com analysis of STR data.

Regional Outlook 

Midwest Chicago’s Big Deal Hardly considered the Second City these days, Chicago has yet to reach the stratosphere of New York’s office prices where Five Times Square and the Time Warner Center sold for $1.5 billion and $1.3 billion respectively

Regional Outlook 

West Las Vegas’ Big Deal The Cosmopolitan Hotel and Casino brought more than the “just the right amount of wrong” to Deutsche Bank, which sunk $4 billion into constructing and running the 3,000 room property after foreclosing on the original

Market Trends 

Gone Green Building or managing sustainable office buildings is now the norm rather than the exception, according to a CBRE report. In the past nine years, the percentage of certified green buildings in the largest 30 markets has grown from

International Beat 

Japan’s Big Deal Hotel investors are focusing on the Asia Pacific market, Japan in particular, according to JLL. Singapore based Ascendas Hospitality Trust recently bought the 17 year old Namba Washington Hotel Plaza in Osaka, Japan, for $87 million. It

Regional Outlook 

East Washington, D.C.’s Big Deal More than seven years in the making, Washington, D.C.’s southwest waterfront project known as The Wharf broke ground in March. The $2 billion, 27 acre, mile long mixed use development on the Washington Channel will

Regional Outlook 

South The sale of the Fifth Third Center in downtown Charlotte, N.C., shows the strength of a class A trophy property even in a tertiary market. Cousins Properties bought the 30 story tower for $215 million from Parmenter Realty Partners,

International Beat 

Spain’s Big Deal CBRE Global Investors purchased the El Boulevard Shopping Center in Vitoria, Spain, for €153 million ($193 million), proof of Spain’s returning retail investment market. It is the region’s leading retail mall, attracting upward of 9 million visitors

Market Trends 

Outlets Going StrongNorth American outlet centers still outperform traditional malls in sales power, according to International Council of Shopping Centers president and CEO Michael P. Kercheval, at the Value Retail News Fall outlet convention. Sales at the 205 North American