Bloomberg TV Money360 Founder and CEO Evan Gentry told Bloomberg that U.S. commercial real estate remains attractive to foreign investors. He also discussed Fed policy and the markets.

New York Times Once the suburban ideal, sprawling office parks are quickly becoming relics that stress local tax bases. But they also offer redevelopment possibilities.

Propmodo Underwriting is one of the most important things an investor does. It requires a lot of manual labor by high-skilled (and highly paid) people and can be the thing that holds up the purchase of real estate. Using software to speed up underwriting has obvious benefits.

The Real Deal House bill could see increase in certain types of CRE lending.

Millstein acquires 45K SF Elmwood Park industrial/flex building
GlobeSt.com – May 29, 2018
Millstein Acquisitions acquired 475 Mola Boulevard, Elmwood Park, New Jersey, a 45,000-square-foot industrial/flex building, in a transaction brokered by NAI James E. Hanson’s Jeff DeMagistris, SIOR, Tom Vetter, SIOR, and Tom Ryan, who represented the seller, 475 Boulevard.

Fourth Annual Clink Spring Toast is smashing success
RE Journals – May 23, 2018
The Fourth Annual Clink Spring Toast was held on May 17 at the Ivy Room in Chicago’s River North neighborhood.

Houghton Marketplace to be developed
Inside Tucson Business – May 31, 2018
Smith’s Food & Drug Centers Inc., doing business as Fry’s Food & Drug Stores, purchased 16.3 acres of undeveloped land at the northeast corner of 22nd Street and Houghton Road from 22nd Street Baptist Church of Tucson Inc. on Feb. 21 for $2.8 million. Fry’s Food & Drug Stores is planning to build a 96,000-square-foot Fry’s.

LEASES: Three more tenants at 1WTC; NAI James E. Hanson brokers Jersey rubber lease
Real Estate Weekly – May 25, 2018
ATCO Properties & Management announced that Fuze Inc., a cloud-based communications solution provider, will relocate to 381 Park Avenue South.

NAI Saig's Martin elected to SIOR board of directors
The Memphis Daily News – May 26, 2018
Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

Latest deals from CBRE, ABI, Eagle Commercial Realty, C&W | PICOR
AZ Big Media – May 25, 2018
CBRE has completed the $6.4 million sale of West 101 Gateway, a 50,040-square-foot office property located at 9520 W. Palm Lane in Phoenix. The value add offering was 96 percent leased to office and medical tenants, with an additional 19,411 square feet of space that will be coming available in the building at year’s end.

ON THE SCENE: C&W tapped for $6.8M Flushing condo, Cignature closes $6M Manhattan building
Real Estate Weekly – May 25, 2018
A team from CBRE and Pantheon Properties, on behalf of AEW & MRP Realty, is marketing the vacant, recently renovated 120,000-square-foot, single-story industrial building at 1300 Viele Avenue and 1301 Ryawa Avenue in the Hunts Point section of the Bronx. John Reinertsen of CBRE has teamed up with Gary Capetta and Matt Corpuel of Pantheon Properties to lease the property, which at 120,775 square feet represents the largest block of single-story warehouse, distribution and manufacturing space available for immediate occupancy in the borough. The building, divisible to 35,000 square feet, features eight tailgates and seven drive-in doors, which can be expanded, and 100-foot column spans.

Celebrating Second Annual Service Day Each year on May 8, we encourage our chapters and members to volunteer their time and/or resources and give back to their communities as part of SIOR Service Day.

The SIOR European Regional Council is hosting our second SIOR International European Conference in Warsaw, Poland, June 27-29. This conference will be an excellent opportunity for SIOR members from around the globe to network, learn and do business together. Bring your family, clients or friends! Stay on and book our exclusive post trip to Krakow, Poland, and Vienna, Austria. Click here to register.

 

Join SIOR in the Mile High City, Denver, Colorado, Oct. 11-13 for the commercial real estate event of the fall – the 2018 SIOR Fall World Conference. A robust program of educational sessions and not-to-be-missed networking events is being planned, and you will not want to miss the conference.

Click here for complete details and to register now!

 

SIOR/CCIM Wisconsin Chapters Golf Outing
When: June 4 from noon to 5 p.m. (CT) 
Where: The Legend at Merrill Hills, W270S3425 Merrill Hills Rd., Waukesha, WI, 53189

Detroit Athletic Club
Starts: June 4, 6 p.m. (ET) 
Ends: June 5, 11 p.m. (ET)
Where: Detroit Athletic Club, 241 Madison St., Gearing Room, Detroit, MI, 48226

Fun Shoot
When: June 7 from 12:30 p.m. to 8 p.m. (ET) 
Where: Deer Creek Hunt Club, 18000 Basswood Rd., Three Oaks, MI, 49128

Connecticut and Western Massachusetts Chapter SIOR Summer Member Meeting
When: June 26 from 4 p.m. to 6 p.m. (CT)
Where: Saybrook Point Inn, 2 Bridge St., Old Saybrook, CT, 06475

SIOR Minnesota Chapter - Vikings Training Camp Tour
When: June 26 from 4 p.m. to 6 p.m. (CT) 

Forbes Welcome to digital transformation 1.0 — the primary focus of this year's top three Most Innovative Companies picked by Forbes.

Fast Company For cities to be truly sustainable, they need to build crossings for their waterways that work for cleaner modes of transportation – not just cars.

Bisnow At its RECon convention, the International Council of Shopping Centers’ diversity panel discussed how the commercial real estate industry could hire, develop and retain more minorities and women in the workforce.