Business Specialties
IKEA Inks 975 KSF for Staten Island Facility
The fulfillment center will focus on delivering items to customers who order online or purchase larger products at an IKEA store. The site will be operational in late 2018.
Hilton Opens First Property in Lake Como Region
The hotel is the largest in the Italian resort area. Featuring 170 keys, the building offers upscale accommodations, including several suites with lake views.
DAUM Arranges Sale of OC Industrial Facility
The company arranged the $32.6 million sale of a newly built, 181,069-square-foot asset on behalf of the buyer, Independent Trading Co.
Berkadia Secures $136M Financing for 2 FL Properties
The Yard at Ivanhoe is a mixed-used project in Orlando, being developed by Real Estate Inverlad, while Grand Boulevard Sandestin is a 469,000-square-foot town center located in Miramar Beach.
PitchBook Signs 34 KSF Midtown Manhattan Lease
PitchBook will occupy two floors in Columbia Property Trust’s 20-story office building, bringing the asset’s occupancy level to 84 percent.
DTLA Creative Campus Lands $122M Financing
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District.
MetLife Investment Lines Up $73M Refi for Manhattan Office
ATCO Properties & Management is using the loan to recapitalize its 18-story building at 240-246 West 35th St. in the Garment District.
High-Tech Products for Safety, Efficiency & Effectiveness
Smart appliances and devices are the 21st-century feng shui. It’s not just about modern design but also functionality.
Why Emergency Planning Needs to Be Part of Your Business
Whether it be flooding, fires, earthquakes or hurricanes, the past year has been challenging for multifamily operators, who must protect residents while preventing destruction of their communities. The first step is having an efficient and updated plan. It may be time to review yours.
IoT for Efficiency: Yardi Energy’s Cole Schoolland Sheds Light on Energy Management Strategies
Energy data can tell a big story, and two measurements taken 11 years apart speak volumes.