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Landlord-Managed Coworking Spaces: The Next Big Thing?
George Vogelei, executive vice president at Transwestern, reveals the reasons behind the rise of owner-managed shared space and also touches on the challenges of this strategy.
Peloton to Relocate HQ to Hudson Commons
The global cycling equipment and technology company will occupy more than 300,000 square feet at the redeveloped 25-story building in Manhattan.
Vornado Realty Trust Refinances NYC Retail Property
The financing replaces an existing $205 million loan on a 78,000-square-foot Manhattan building occupied in its entirety by Old Navy.
JV Buys $83M NJ Distribution Center
ASB Real Estate Investments teamed up with Cohen Asset Management to purchase a Class A facility fully occupied by List Logistics.
Skanska Tops Out Seattle Office Tower
The 2+U high-rise, taking shape above a plaza that will feature 17,000 square feet of retail and cultural space, will hover 530 feet over the city’s central business district.
How Will Retail Perform This Holiday Season?
A new JLL survey predicts the main trends that will define holiday spending this year, when people may spend as much as 5 percent more than in 2017.
CBRE Brokers $41M LA Retail Center Sale
A joint venture between Hutensky Capital Partners and Festival Cos. sold the 112,000-square-foot Santa Fe Trail Plaza in El Monte.
JV to Acquire Detroit Casino-Hotel for $1B
VICI Properties and Penn National Gaming entered into an agreement to purchase the Greektown Casino-Hotel, which includes 100,000 square feet of casino space and a 30-story hotel tower.
Blockchain’s Implications for CRE
The technology underlying bitcoin and other cryptocurrencies has far-reaching potential to disrupt and transform multiple CRE functions, according to a new Cushman & Wakefield report.
Commerz Real Pays $194M for Chicago Office Building
The investment management affiliate of a Germany-based financial institution has acquired The National, an historic 520,000-square-foot asset.