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.
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 Investment Board agreed to buy Parkway Inc., a real estate investment trust with properties in the Houston area, for $1.2 billion.
The Avente Capital Partners I LP, with about $28 million in assets, plans to make opportunistic investments in a variety of real estate sectors.
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.