Investment
Real Estate Market Crash Unlikely, Experts Say
Economists are calling the pandemic-induced recession unique in several ways. Here’s how analysts expect the health crisis to change the real estate market.
Los Angeles Regional Food Bank Buys Industrial Asset for $52M
Newmark Knight Frank advised the nonprofit in its challenging search for a warehouse in the metro’s competitive market.
JLL Closes Northeastern Kentucky Warehouse Sale
Alex Geanakos, Jason DeWitt, Brian Shanfeld, Trent Agnew and Alex Sharrin assisted the seller of the 25,000-square-foot building.
Hanley Investment Closes Northern Arizona Retail Sale
The brokerage firm represented the seller of the 100,486-square-foot grocery-anchored shopping center.
Kroger-Anchored Georgia Retail Center Trades for $19M
A JLL team represented Phillips Edison & Co. in its acquisition of the 114,015-square-foot property in Canton, Ga.
CTO Realty Growth Buys Tampa Office Building
As part of a 1031 exchange, the company purchased a 120,000-square-foot Class A property that has been fully leased to Ford Motor Credit since 1998.
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.
VanWest Partners Buys Memphis Storage Portfolio
First National Bank & Trust originated a five-year, $5.4 million acquisition and development loan for the three facilities.
Atapco Buys Suburban Maryland Warehouse for $10M
The new owner received a $7.5 million loan for the acquisition of the 186,829-square-foot property.
Marcus & Millichap Arranges $20M New York ShopRite Sale
The firm assisted the seller, sourced the buyer and facilitated acquisition financing for the nearly 61,000-square-foot Long Island property.