News

Former General Motors Plant Trades in Upstate New York

A trust created in the aftermath of the company’s bankruptcy has sold the property in metro Syracuse, N.Y., to a local owner-operator of industrial properties.

Ardian Real Estate Sells Munich Office Campus

The French investment company sold the 10-building Konrad property, which is fully occupied, hosting 30 tenants across 366,000 square feet.

Cushman & Wakefield Closes Fort Lauderdale Office Asset Sale

Executive Director Scott O’Donnell, Director Miguel Alcivar, Managing Director Dominic Montazemi and Senior Associate Greg Miller represented the seller in the $18.2 million deal.

Gotham Greens Greenhouse Replaces Bethlehem Steel Mill

Like other Gotham Greens facilities, the greenhouse uses hydroponic systems and is 100 percent powered by renewable energy.

Simon Property Group Breaks Ground in Oklahoma

The retail REIT’s new 340,000-square-foot open-air shopping center in Jenks is scheduled to open by spring 2021.

Trammell Crow Completes Los Angeles MOB

The new facility is the first structure developed as part of the $1 billion-plus transformation of the Martin Luther King Community Hospital.

CPE 100 Cast Vote of Confidence

Industry leaders mostly like what they’re seeing so far this year, according to the first CPE 100 Quarterly Sentiment Survey of 2020.

KKR, Korean Partners Buy South Korea Office Tower

A Korean REIT sold the Namsan Square, an 807,300-square-foot highrise located in the central business district of Seoul.

Top 10 Northeast Markets for Office Deliveries in 2019

While Manhattan continues to lead development activity, emerging office markets such as Brooklyn and Pittsburgh showed their potential.

Florida’s Take on the Climate Crisis

Sebastian Jaramillo, partner with law firm Wolfe Pincavage, and Luis Gazitua, partner at JAG Insurance Group, speak about issues arising from climate change in the Sunshine State.