As the real estate sector begins to reopen, some construction is resuming and businesses are continuing to search for office space. Check out this week's office industry news roundup.
Author: Ioana Ginsac
Recent industrial real estate activity confirms that demand remains high. Check out our mid-May round-up of U.S. industrial leases, sales closed, and new deliveries!
Real estate investment firm First National Realty Partners recently announced the purchase of The Coastal Building in Red Bank, NJ. The property will add 29,178 square feet of Class A Jersey Shore office space to…
Cushman-Wakefield completed the $91 million sale of Techwood Business Center in Hanover, Md., on behalf of the seller, RREEF Management LLC. Amazon was the buyer in the deal, adding the Baltimore business park to its…
Atlanta-based Cousins Properties has completed the sale of Hearst Tower. The Uptown Charlotte office property was purchased by locally based Truist Financial Corporation. The building commanded roughly $470 per square foot.
Avison Young’s Tri-State Investment Sales Group recently announced the sale of the brand new building at 286 Lenox Avenue for $10.2 million. According to the certificate of occupancy, the property includes roughly 9,000 square feet…
The U.S. industrial market is poised for significant growth this year, according to a report compiled by commercial real estate blog CommercialCafe. The study looked at scheduled completions of industrial properties of at least 50,000…
California stood out with the most entries among the top 100. Of the 20 states that made the ranking, California had 36 entries, followed by North Carolina with 11, and Washington state with 10 submarkets…
Earlier this month, Modell’s Sporting Goods – the country’s oldest family-owned and -operated retailer of sporting goods – voluntarily filed for relief under Chapter 11 and announced store closing liquidation sales. The company is also…
