News
Goldman Sachs JV Buys NJ Retail Center
Springfield Avenue Marketplace in Newark comprises 120,000 square feet and provides residents from the area—including students from four universities—a wide array of shopping and dining options.
Compass Adds New CFO
Kristen Ankerbrandt has 20 years of experience in the technology and media and telecommunications sectors. She previously served as a principal at The Carlyle Group.
Don’t Rush to Opportunity Zones
Leaders in the real estate and finance sectors advised those looking to take part in the federal program to proceed with caution.
Where Are Transactions Moderating?
Supply has remained in check throughout the recovery, and overall fundamentals remain steady, although slowing deal flow may persist for some property types, according to Yardi Matrix’s Chris Nebenzahl.
Fitch Forecasts Strong Multifamily REIT Performance
The rating agency’s Senior Director Stephen Boyd details the trends that have positioned multifamily REITs to fill vacancies and execute portfolio strategies.
Broadbridge Financial Signs Lease at Manhattan Tower
The global fintech firm will occupy 85,000 square feet at a 44-story, Fisher Brothers-owned building. The property underwent $25 million in capital improvements two years ago.
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.
Penumbra Expands CA Presence With Sacramento Lease
Penumbra will occupy more than 150,000 square feet at the Roseville Innovation Park. A joint venture between Farallon Real Estate Partners and Strada Investment Group owns the property.
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.
Data Center Trends: Insights From a Veteran
Vantage Data Centers Chief Commercial Officer Lee Kestler dives into the current state of the data center real estate market, from initial investor skepticism to the indisputable advantages of blockchain.