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FTI Consulting Inks Major Manhattan Office Lease
The 120,720-square-foot commitment across three floors in Midtown Manhattan follows a string of big leases by Facebook, TikTok and others in recent months.
Blackstone Sells 1.2 MSF Warehouse Portfolio
The purchase of the eight-building collection of properties in the Greenville-Spartanburg market marks the buyer’s first acquisition in South Carolina.
Silicon Valley Office Asset Obtains $155M Refi
Sansome Partners and Hunter Properties have secured CMBS debt for the second phase of the 1.7 million-square-foot Coleman Highline development that is fully occupied by streaming platform Roku.
Why Manufactured Housing Is the New Affordable Housing
Despite the zoning challenges, manufactured housing offers the only affordable detached housing option in the U.S.
MOB Sector Boosted by Demand and Capital: Marcus & Millichap
The ongoing rise in nonvirtual outpatient health-care activity and the needs of the aging Baby Boomer population will bolster demand for medical office buildings post-pandemic.
Industrial Real Estate Faces Short-Term Decline in NAIOP Report
The resilience that e-commerce offers the industrial market is unlikely to overcome the powerful headwinds of a recessionary economy, according to the latest quarterly forecast from NAIOP.
Lord & Taylor to Close More Stores, Bringing Total to 24
The five additional department stores being liquidated are all located in Simon Property malls.
$100M Houston Project Lands Chevron as 1st Tenant
Rice University’s management arm leased space to the energy company at The Ion, an innovation hub that will emerge from the transformation of a former Sears store.
Stressed Out: Are Commercial Properties Close to Default?
To determine the potential for defaults and investment opportunities, Yardi Matrix analyzed loans from its multifamily and office property database and found prospective trouble spots over the short and long term.
Airbnb Files Confidential IPO Paperwork
The filing comes more than a month after the short-term rental giant reported an encouraging uptick in bookings.