News
Anne et Valentin Expands Manhattan Footprint
The French luxury eyewear brand got its eyes set on 1186 Madison Ave., marking its fourth New York City location.
C&W Inks First Lease at South Florida Development
The new tenant is expected to relocate and consolidate its operations at Pompano Center of Commerce II by October.
Honda Breaks Ground on $30M Dealership in South LA
The 210,000-square-foot project is part of a neighbourhood revival which includes other high-profile developments. The company plans to relocate from downtown LA in the summer of 2018.
Economy Watch: Top Rental Markets Still Seeing Price Increases
Despite talks of a pricing slowdown, the most expensive rental markets in the U.S. saw price increases in April, according to Zumper’s latest report. San Francisco and New York City remain the top two rental markets in the country.
Jernigan Capital Pumps $21M in 2 Self-Storage Projects
The two prospective multi-story climate-controlled facilities total 1,625 units and are located in Atlanta and Largo, Fla.
RiverRock Taps SoCal VP
Shane Flanigan brings nearly 15 years of industry experience to his new role and will oversee all operational activity with a focus on client service and portfolio growth.
Exeter Property Group Selects Builder of 440 KSF Warehouse
GDI Construction will develop the speculative warehouse in Whitestown, Ind. The building is expected to be functional by late November 2017.
Fort Lauderdale Office Asset Trades for $14M
Cushman & Wakefield represented the seller and secured acquisition financing on behalf of the buyer. The loan will fund leasing costs and future capital improvements.
Local Orlando Motel Changes Hands
The 14-key motel built in 1955 was operated by the same owner for more than 30 years. Raceway Motel offers approximately 5,044 square feet of living area.
Third Building Announced at Duke Realty’s Turnpike Crossing
The company recently announced that it will build the third property at its West Palm Beach, Fla. industrial park. Turnpike Crossing currently features more than 220,000-square-foot of industrial space.