Between January 2013 and March 2014, Chinese direct acquisitions of commercial real estate (CRE) in the United States totaled US$5.8 billion – more than twice the cumulative amount invested in the previous eight years. China is now the second largest foreign investor after Canada, with an 8- percent share of the total cross-border investments in […]
Construction of Tesla’s $5 billion Gigafactory is in full swing. Though the massive battery factory is not even close to opening its doors, the effect on Reno’s economy and public image can already be felt. “Tesla Motors Inc.’s $5 billion ‘Gigafactory’ may be the best thing to happen to northern Nevada since the silver rush […]
As we are entering the New Year, we are looking at a much more stabilized commercial real estate market. Transaction volume has picked up noticeably, as the US is widely considered the most sought after real estate market in the world. Our team is experiencing this international demand ourselves, having dealt with multiple aggressive foreign […]
Kimco Buys City Heights Retail Center for $35.6M Friday, November 23, 2012 Kimco Realty Corp. of New York has purchased the grocery-anchored City Heights Retail Village in San Diego. The price was $35.6 million, according to a spokeswoman for the seller, City Heights Retail Village LLC. The 7.49-acre retail center, part of the larger City […]