Commercial Real Estate & Business News – October 27, 2021

SAN DIEGO and PHOENIX, Oct. 22, 2021 /PRNewswire/ — Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE: VER) (“VEREIT”) today announced that they anticipate closing their previously announced…»
Although many doubted the sector’s viability at the height of lockdown orders last year, the flex-office industry has emerged from the pandemic-induced downturn poised to play a key role as companies adapt their office portfolios to accommodate more…»
Apartment demand will likely remain robust and rent growth remain elevated in 2022, given the current rates of absorption, rising mortgage rates in 2022, and the lower level of construction activity relative to current demand, according to National…»
In recent years, adaptive reuse has become common practice in the construction industry. From factories transformed into chic lofts to historic buildings renovated into trendy restaurants, the trend to repurpose older and unused structures has…»
McCarthy Building Cos.’ Renewable Energy and Storage Group recently completed a 200-megawatt solar project in the West Valley. The project, called Sun Streams 2, is situated on more than 1,000 acres in Arlington, a small area just southwest of…»