The second quarter national office vacancy declined 10 basis points (bps) year-over-year to 20.1%, marking the eighth straight quarter in which vacancy remained largely flat, according to a new data report from Cushman & Wakefield (NYSE: CWK). Overall vacancy fell...
Stephen Stroud, a real estate developer behind multiple commercial properties across the Raleigh area, has passed away at the age of 83. Stroud was raised in Rutherford County, North Carolina, and moved to Raleigh in 1961 to attend North Carolina State University. He...
A Maryland auto racing track which has been dormant for decades has been listed for sale at $15 million. The Baynet reports the 42.14-acre parcel that was once home to Marlboro Motor Raceway outside of Upper Marlboro, Maryland, is being marketed for commercial...
Green Street, the Newport Beach, California-based provider of commercial real estate data and insights, announced the launch of its inaugural Canadian Commercial Property Price Index (CPPI). According to the company, the Canadian CPPI is designed to help market...
The commercial real estate firm Berkadia announced the appointment of Blake Okland as chief revenue officer. In his new role, Okland will be responsible for client growth, relationships, and leading the strategic direction of Berkadia’s investment sales and mortgage...