News

Adelaide Polsinelli, vice chair, Compass

Three Street Realty Sells Greenwich Village Retail Asset

Compass represented both the buyer and the seller of the Manhattan property, which includes Dunkin Donuts and Verizon among its tenants.

Artisan Ice Cream Company to Add New Locations in NYC

Van Leeuwen signed six 10-year leases, planning to occupy spaces ranging between 500 to 1,700 square feet across Manhattan and Brooklyn.

14421-14441 Bonelli St.

Rexford Industrial Ends 2018 With 2 Deals

The Southern California REIT completed transactions totaling $29.9 million in metropolitan Los Angeles, where demand for distribution space remains at record levels.

Duke University-Leased Building in Durham Changes Hands

CBRE facilitated the sale of 4220 N. Roxboro St., a roughly 25,000-square-foot medical office building, just minutes from the Duke University Medical center.

Editorial Director Suzann D. Silverman

New Prospects

The likelihood of a continued strong economy offers further real estate opportunities in 2019—but presents challenges, as well.

Bridge Investment Group Acquires DC Office Complex

The 510,200-square-foot office complex in Silver Spring, Md., which comprises three buildings, will undergo a $12 million upgrade.

Seattle’s Original Rainier Brewery Gets New Owners

ScanlanKemperBard and ReCap Real Estate Investment purchased the historic mixed-use property that is home to more than 50 tenants in Seattle’s industrial Georgetown neighborhood.

Law Firm Inks 102 KSF Lease in Atlanta

Cushman & Wakefield arranged the lease for the 125-year-old Atlanta-based global client, in one of 2018’s largest Midtown leases.

Akridge, Stars Acquire 116 KSF DC Property

In their second joint venture, the partners purchased 1025 Vermont Ave. NW from Carr Properties in a $48.5 million transaction.

Commercial Real Estate Industry Outlook for 2019: Who Will Drop the Ball?

The U.S. commercial real estate industry was a powerful machine in 2018 and promises more of the same. But the year ahead will present a number of challenges.