News
STAG Buys 279 KSF Distribution Facility in Central PA
United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.
NY Shopping Center Lands $19M Financing
The 123,073-square-foot Rosman Center, located in Haverstraw, N.Y., has ShopRite as its anchor tenant. NorthMarq Capital procured the loan on behalf of the borrower.
Brixton Capital Buys Phoenix Retail Center
Weingarten Realty Investors sold the fully leased Palmilla Center with help from HFF’s Managing Director Bryan Ley. The shopping center is anchored by Fry’s Food & Drug.
Economy Watch Weekly: February Marks Robust Month for Hiring
Several real estate-related sectors saw employment increases for the month, according to the U.S. Bureau of Labor Statistics. Economy Editor Dees Stribling discusses the full jobs report, for the week ending March 9, 2018.
Las Vegas Sands to Sell Philly-Area Casino for $1.3B
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama, will acquire the property in Bethlehem, Pa. The transaction is scheduled to close by year’s end or in early 2019.
NKF Reports Emerging Trends in Workplace Strategy
Approaches to maximizing the effectiveness of office space have been influenced by the need to plan for variety and flexibility, to appeal to a multi-generational workforce.
The Story Behind Chicago’s NEWCITY: One for the Books
The $275 million mixed-use project took a decade to materialize, overlapping the recession. Structured Development’s Jeff Berta takes us behind the scenes of what he described as the most challenging project he worked on in a career spanning roughly 30 years.
Economy Watch: Employment Stable in Almost All of US
Sixteen states had jobless rate decreases from a year earlier and 34 states and D.C. had little or no change, according to the U.S. Bureau of Labor Statistics latest report.
Grocer Joins Seattle’s Rainier Square
PCC Community Markets will open a new flagship grocery store, totaling approximately 20,000 square feet, in the downtown Seattle high-rise development.
Ecomelida Nabs SC Industrial Facility
Binswanger represented Federal-Mogul Corp. in the sale of a 200,000-square-foot building in Orangeburg. The new owner plans to expand the asset by roughly 500,600 square feet.