Business Specialties
Climate Change as a Real Estate Investment Risk Factor
The report from ULI and Heitman predicts that assessing a property’s exposure will become institutionalized and suggests next steps for raising awareness.
Top 4 Things to Know About Detroit’s Office Market
Colliers Executive Vice President John Fricke touches on the challenges, top amenities, market performance and 2019 trends in the Midwestern metro.
Bridge Development Buys Industrial Facility for $68M
Lee & Associates facilitated the sale of a 261,528-square-foot industrial asset located in Los Angeles, near the city’s downtown. The firm represented both the seller and the buyer in the deal.
Rubenstein Partners Grows Presence in MD
Boston Properties received $22.7 million for The Preserve at Tower Oaks in Rockville. The owner will be soon add a new tenant lounge, a café and a fitness facility.
NKF Inks 4 Leases at Converted Stamford Building
The team of Tim Rorick and Jack McDermott facilitated the deal on behalf of the landlord, ClearRock Properties and Juster Properties.
Fairfield by Marriott Coming to Japan
A subsidiary of Pacifica Capital K.K. has partnered with Marriott International to open a 300-key hotel in Osaka. The 14-story property is scheduled for completion in 2020.
New Jersey Continues Warehouse, Logistics Surge
Even though the state hit a 17-year high for new industrial development, demand was voracious enough to more than offset it, as rents keep pace with massive absorption.
Former NJ Ballantine Brewery Commands $61M
A Turnbridge Equities joint venture acquired the 1.1 million-square-foot building in Newark. The property is also located in an Opportunity Zone.
How to Prepare for the Next Polar Vortex
The general manager of Minneapolis’ tallest building tells how her property got through the recent polar vortex safely—and shares tips for future events.
MN Retail Center Lands Financing
The borrower will use the three-year, floating-rate loan secured by HFF to redevelop the 137,000-square-foot retail center, which is anchored by Cub Foods.