18.04 0.00 (0.00%)
After hours: 4:44PM EDT
|Bid||17.98 x 1100|
|Ask||18.00 x 800|
|Day's Range||17.94 - 18.33|
|52 Week Range||13.25 - 20.62|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Newell Brands is one of several companies helping fill up the five-building Embassy Row, which stands along Georgia 400 and Interstate 285.
China’s office market is suffering from decade-high vacancy rates, according to two leading commercial property companies, as weakening demand, a slowing economy and oversupply drag on the market. The vacancy rate across the office market in 17 major cities monitored by commercial property group CBRE stood at 21.5 per cent in the third quarter of this year, a level of under-occupation last seen during the financial crisis. Among the top grade of offices, mainland China vacancy rates were at 20 per cent in the third quarter, according to property consultancy Cushman & Wakefield, which looked at the market in 18 cities.
Roughly 980,571 square feet of retail construction is underway in Central Florida — the most activity since the Great Recession.
Tyson's corner, literally, is being primed for redevelopment. William Tyson acquired the northwest corner property by Chain Bridge Road and Leesburg Pike in the mid-1800s, and it's from that corner where a general store operated until the mid-1960s and laid the seeds for what would become Tysons Corner. For starters, the Fairfax County submarket has since dropped the "corner" to become just Tysons.
Construction on the future home of HostDime.com Inc. — one of the region's largest tech employers — may start soon, according to the project's general contractor. Site work is expected to begin "in the coming months" for the $25 million, 90,000-square-foot office project in Eatonville, said Rachael Farr, a communications manager with Birmingham, Alabama-based general contractor Robins & Morton. The Orlando-based data center company's future office project has been delayed for about three years.
Hong Kong’s commercial property sector — the world’s most expensive office market — suffered its worst month since before the former British colony was handed back to China in 1997 as the city’s long summer of protests take their toll. In September, the office market in the Asian financial hub recorded just 27 transactions, the lowest level of monthly activity since 1996, according to Midland IC&I, a Hong Kong-based property brokerage. The city’s economy has been badly affected by the US-China trade war and the increasingly violent protests that have thrown the city into its deepest political crisis in decades.
Another broker from Jones Lang LaSalle’s Denver office has left the firm to sign on with the competition following its $2 billion acquisition of Holliday Fenoglio Fower. Patrick Devereaux, a real estate industry veteran with more than 25 years in the business and a top producer at JLL (NYSE: JLL), completing more than $3 billion in transaction volume throughout his career, has left the firm to join the capital markets team at CBRE (NYSE: CBRE) as senior vice president.
Logistics real estate company Prologis, Inc. (NYSE: PLD) continues to add to its real estate portfolio, this time with a rare find in the Los Angeles market. As reported by the Los Angeles Business Journal, the nation's largest logistics warehouse owner, operator and developer has purchased an 11-acre, 85,000 square foot facility in southeast Los Angeles. The property, located in the city of Commerce at 2420 Yates Avenue, was purchased from AT&T Inc (NYSE: T) for $41.1 million.
Cities like Providence, Rhode Island; Omaha, Nebraska; and Tulsa, Oklahoma are generally not part of the conversation about hot spots on America's industrial property map. Yet recent data from real estate ...