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Saltbox to Debut Novel Shared Workspace Concept in Atlanta
The new startup, which has just closed a round of venture funding, will open its first co-warehousing location in November.
Rudin Management Lands Law Firm for Major Manhattan Lease
Next summer, Davis & Gilbert will relocate to Rudin’s 1675 Broadway, a Midtown trophy tower.
Broadstone Net Lease Buys $736M Industrial Portfolio
The REIT has snapped up 23 fully leased assets totaling 6.9 million rentable square feet across 14 states and Canada.
New Low for Quick-Service Restaurant Cap Rates
The e-commerce-resistant QSR category logged a significant year-over-year decrease in acquisition yields, according to The Boulder Group’s new report.
CRE Execs Weigh In on Smart Contracts
A new survey by Savoy Stewart of more than 500 commercial real estate professionals outlines both proptech’s advantages and barriers to its wider adoption.
Plymouth Completes $90M in Industrial Transactions
The REIT acquired more than 2.2 million square feet in Tennessee, Illinois and Ohio.
Silverstein Properties Lands 103 KSF Tenant at 3 WTC
Kelley Drye & Warren is moving its headquarters to the tower next year, joining a roster including GroupM, Diageo, Better.com, Casper, IEX and Hudson River Trading.
JLL Arranges Sale of 3 Maryland Shopping Centers
DLC Management Corp. and Acadia Realty Trust purchased two assets in Frederick, while Continental Realty Corp. is the new owner of a 331,833-square-foot retail property in Hagerstown.
Starwood Capital Trades Nashville Hotel for $80M
Pacific Western Bank provided the buyer of the 296-key Embassy Suites with more than $60 million in acquisition financing.
Park Hotels Lands $950M in Financing for Chesapeake Acquisition
The previously announced merger between the two REITs is expected to close by the end of the month.