|Bid||17.59 x 800|
|Ask||17.60 x 800|
|Day's Range||17.50 - 17.90|
|52 Week Range||13.25 - 20.62|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019 - Aug 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.88|
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.
Cushman & Wakefield (CWK), a leading global real estate services firm, today released its annual Corporate Social Responsibility (CSR) Report covering the firm’s global operations during fiscal year 2018. The new report highlights the firm’s ongoing commitment to corporate citizenship and to progressing international targets by aligning the company’s long-term objectives with the United Nations Sustainable Development Goals (SDGs). “At Cushman & Wakefield, corporate social responsibility is embedded in our firm’s practices and strategic vision for the future,” said Brett White, Executive Chairman & CEO.
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 ...
The largest office relocation in downtown Orlando this year won’t happen as scheduled, which likely will affect other company moves in the urban core. Atlanta-based SunTrust Banks Inc. (NYSE: STI) plans to shift its Orlando headquarters into the still-under-construction SunTrust Plaza at Church Street Station by December, SunTrust spokesman Thomas Crosson said. Previously, the largest bank in Central Florida expected to make its 90,000-square-foot move by August with its roughly 250,000 square feet of former office space opening up by October.
It was a expensive quarter for land in Central Florida, where several high-priced deals paved the way for future residential and medical projects in the area. The number of land sales grew in the second quarter by 42% when compared with first-quarter 2019, according to research by Andy Slowik, director of the land advisory group for Chicago-based Cushman & Wakefield Inc. (NYSE: CWK). Central Florida's most populous county, Orange County, led the way in land sales with $235.3 million recorded in second-quarter 2019.
The proposed development comes as the 13-building, 1.5 million-square-foot office park is running out of space due to demand.
Cushman & Wakefield , a leading global real estate services firm, recently announced that Moody's Investors Service has raised the company’s senior secured rating to Ba3, with a stable outlook.
Some of Central Florida's biggest employers have completed some of the largest office deals so far this year. Bethesda, Maryland-based Lockheed Martin (NYSE: LMT) and Walt Disney Co. (NYSE: DIS) inked office deals that were among the five largest in the Orlando area.
The Internal Revenue Service — already a significantly sized office tenant in Central Florida — wants to grow its footprint. The IRS seeks an additional 25,230 square feet of space in Central Florida, according to an online post.
C&W Services, one of North America’s leading facility services companies, recently hired Brian Reyes as Senior Vice President, Higher Education. In this newly-created position, Reyes will focus on enhancing the innovation and value of facilities services that the company brings to its college and university clients, as well as driving growth in the sector.
There's already hundreds of millions of dollars in development underway in the 68-acre campus, but this critical component of the mixed-use project hasn't been disclosed just yet.
New York-based auditing giant KPMG LLP — which is building one of the biggest construction projects in Central Florida — reportedly is finalizing a large office deal in Lake Nona, a fast-growing suburb in southeast Orlando. KPMG wants to secure 75,000 square feet of office space in Lake Nona, real estate sources told Orlando Business Journal. Managing Director Aaron Gray with Chicago-based JLL (NYSE: JLL), who had been representing KPMG, couldn't be reached for comment.
A Naples developer behind a proposed skyscraper in downtown Orlando will look to the Federal Aviation Administration to make sure its tall tower won't be a hazard to airplanes. Summa Development Group LLC plans to reach out to the FAA to conduct a study about the proposed 33-story Summit Radisson project at the southwest corner of Pine Street and Lake Avenue, Principal Albert Socol said. Summa Development Group developed the adjacent 25-story, $42.6 million CitiTower.
Cushman & Wakefield PLC (CWK) delivered earnings and revenue surprises of -7.14% and -1.03%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
The new lease at the Lake Merritt Plaza is another example of a homegrown tech company that has gone from startup to midsize in Oakland.
A London financial technology giant may snap up the final spec office space in Central Florida — a move that some see as a double-edged sword. “One of our challenges is having supply in the market to accommodate larger users,” said Dave Ayers, senior leasing representative with Raleigh, North Carolina-based Highwoods Properties Inc. (NYSE: HIW). Finastra Group Holdings Ltd. — the world's third-largest fintech company — currently has 50,000 square feet at Edison at Lake Mary's phase one at 744 Primera Blvd. and is in talks to secure the rest of the 108,000-square-foot building, real estate sources told Orlando Business Journal.
An 86,600-square-foot building in Greenwood Village that’s currently home to one of the highest-producing Boot Barn retail stores in the country sold last week to a Denver real estate investment firm that’s exploring multiple adaptive reuse concepts for it. The buyer was Denver-based Sidford Capital. Jon Hendrickson and Aaron Johnson, of Cushman & Wakefield’s Capital Markets Group, along with Jim Capecelatro, Mike Kboudi and Wade Fletcher, of the brokerage firm’s Denver land team, facilitated the transaction.
Catalyst Spaces is set to close its doors after five years in downtown Orlando, due to a huge influx of competing co-working space. The 7,000-square-foot shared work center at 1 S. Orange Ave is set to close after its lease expired, Catalyst founder Dennis Pape told Orlando Business Journal.
U.S. industrial property markets remained tight in the second quarter of 2019, but a swath of supply coming on-line will ease some of that tightness in the latter half of the year and into 2020, according to a report from real estate services giant Cushman & Wakefield (NYSE: CWK). Cushman classifies industrial property as warehouses and distribution centers used for logistics operations, manufacturing facilities and flex properties used for short-term purposes. Net absorption, the difference between square footage occupied during a specific period and the space vacated during the same time frame, totaled 52 million square feet in the second quarter, up from 36.6 million square feet in the prior quarter, according to Cushman data.
Cushman & Wakefield PLC (CWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Arlington County triumphantly declared last week that it has made significant strides in its battle against the millions of square feet of empty office space, thanks to a number of new or expanding companies headlined by Amazon.com Inc. (NASDAQ: AMZN). What's more, in just the past year, it closed on some 26 deals representing 7.2 million square feet of office space and 43,000 jobs. Not a bad high note to go out on for Victor Hoskins, who pledged three years ago to bring the county's office vacancy rate to around 10% inside of six years, as he prepares to take the top economic development post in Fairfax County next month.