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Commercial Real Estate News for Monday, July 3

In today’s commercial real estate news – we’ll look at the top 6 issues affecting commercial real estate, the sale of Parkway REIT for $1.2 billion, whether larger construction companies can be a good fit for smaller projects, and much more.

CRE Top 6 Issues Affecting Commercial Real Estate

Political volatility, tech disruption and rising sea levels — these are but a few of the issues on the minds of commercial real estate professionals and policymakers globally. The following are six of the top trends CRE players worry will affect real estate in 2017 and the years to come, according to a survey conducted by the Counselors of Real Estate Association in Chicago.

Canada Pension Plan Agrees to Buy Parkway REIT for $1.2 Billion

Canada Pension Plan Investment Board agreed to buy Parkway Inc., a real estate investment trust with properties in the Houston area, for $1.2 billion.

Harvard Links Billionaire Samwers, Ex-Eton Manager in New Fund

The Avente Capital Partners I LP, with about $28 million in assets, plans to make opportunistic investments in a variety of real estate sectors.

 Large Construction Companies Can be a Perfect fit For Smaller 

The advantages of going with a large contractor instead of a smaller firm for a project are numerous and led by the financial capabilities of the large firm.