Tourism is expected to generate 25 percent of One World Trade Center's revenues, The Real Deal reports. Corporate America has begun to spend again for the first time since the recession, The Financial Times reveals. As the holiday retail season approaches, the Ports of Los Angeles and Long Beach are suffering delays, according to Bloomberg. And a joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-sq.-ft. Class-A office complex in the D.C. metro area for $176 million, Commercial Property Executive reveals. These stories are among today's must reads for the commercial real estate industry.
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