News
Realty ONE Group Sets Sights on Expansion
After having experienced explosive growth on the West Coast, the firm is planning to establish its presence in New York City.
MetroGroup Secures $34M Financing for San Diego Campus
The four-building facility is fully occupied by Cobham Advanced Electronic Solutions.
Yardi Matrix: Investment Flies High in LA
Fueled by strong housing demand and continued gains across employment sectors, the metro’s economy is well positioned to grow.
George Smith Partners Secures Refi for SoCal Retail Center
The firm has arranged a $30 million loan for Plaza de Hacienda, a 156,000-square-foot property anchored by Food 4 Less.
NYC Investor Snags Connecticut Office Park
The acquisition marks Vasco Ventures’ first foray in the Greater Hartford area.
Arizona Center Begins $25M Renovation
The joint venture paid $126 million to acquire the 16-acre complex, which has entitlements for an additional 3.9 million square feet of improvements.
Chesapeake to Lease DC Area Warehouse Facility
The 393,000-square-foot building will become available on June 1.
Economy Watch: Interest Rates Rise, So Does Inflation
Unsurprisingly, the Federal Open Market Committee decided to raise interest rates again in March, signaling its optimism about the direction of the U.S. economy.
Newcastle Adding to Inland Empire’s Industrial Inventory
The two new industrial assets are estimated at $48.3 million once they reach full build-out.