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COPT to Build AL Campus for Aerospace Company
The four-building property at Redstone Gateway in Huntsville will house Yulista Holding, an Alaska-based defense contractor that intends to relocate its headquarters.
Greater NYC Area Leads U.S. in Retail Construction
While new building activity declined in the five boroughs over the last few years, it increased in the suburbs, according to a new report by the New York Building Congress.
RFR Buys Manhattan Asset for $123M
ASB Real Estate Investments sold the historic building at 875 Washington St. in the Meatpacking District on behalf of its Allegiance Real Estate Fund.
SmartStop Acquires NJ Storage Facility in $30M Deal
Levin Johnston of Marcus & Millichap facilitated the sale-leaseback of the 1,777-unit property in Newark, N.J.
Investcorp Acquires $170M Industrial Portfolio
The eight buildings, which are spread across the U.S., comprise 1.4 million square feet and are 100 percent leased to such tenants as FedEx Ground and XPO Logistics.
Nashville Hyatt Gets $66M Construction Financing
C.B. Ragland’s 252-key development will rise 20 stories in the city’s SoBro district. The hotel’s opening is scheduled for summer 2021.
Q1 2019 Economic Growth Shines on CRE
Real gross domestic product rose at an annual rate of 3.2 percent, providing hopes of continued positive performance in the commercial real estate industry.
Amazon Inks 48 KSF Lease for Northern Virginia HQ2
The new lease brings the company’s total leased space with JBG SMITH, its partner in the creation of the new headquarters, to 584,500 square feet.
The May Digital Issue of CPE Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.
Industrial Property in CA Trades for Record $214M
Pacific Industrial sold the 1.5 million-square foot property to a life insurance company. The facility is fully leased to LG Electronics and FedEx.