Investment

As Stores Reopen, How Quickly Will Retail Recover?

Marcus & Millichap’s latest report details how the sector was forced to adjust to the COVID-19 crisis and how the reopenings may play out.

Office Space Demand to Decrease, NAIOP Predicts

In a just-released forecast, NAIOP predicts net negative U.S. office market absorption for the next four quarters.

City of Hope Acquires $108M SoCal Development Site

The Los Angeles-area cancer treatment institution will create an additional campus with the transformation of an existing building and construction of a new hospital.

Park Street Partners Sells Kansas MHC Portfolio

Capstone Manufactured Housing has arranged the $20 million disposition of three manufactured housing communities in the Wichita area to a California-based operator.

Children’s Aid Sells Manhattan Office Building

Habib American Bank purchased the seven-story property, which will become its new headquarters.

Charlotte Commercial Real Estate Wrap-Up – May 2020

Cousins Properties pays $85 million for parking deck. Newly built suburban HQ trades for $58.5 million. Catch up with our May list of Charlotte must-knows.

Allianz Real Estate Closes $154M Acquisition in Milan

The company purchased the office asset in a sale-leaseback transaction with Crédit Agricole Italia.

CBRE Arranges $50M West Palm Beach Office Campus Sale

Vice Chairman Christian Lee and Executive Vice President Jose Lobon led the team assisting the seller in the disposition of the 243,274-square-foot asset.

Monmouth Buys FedEx-Leased Facility for $48M

Located in Whitsett, N.C., the 286,281-square-foot building is under a 15-year lease with the delivery company.

San Diego Office Park Trades for $39M

Longfellow Real Estate Partners acquired Sorrento Tech, a fully-leased R&D campus.