News

Marcus & Millichap Adds Retail Division Lead

Daniel Taub brings more than 25 years of industry experience to his new role as senior vice president & national director.

Kidder Mathews Closes Full-Building Los Angeles Lease

Jon Reno, Mark Vanis, Trevor Gale and Connor Ulf negotiated on behalf of the tenant, A-Thread Apparel.

New York City Skyline

Top 5 Markets for Self Storage Development

We’ve identified the top-performing markets based on projects under construction as a percentage of existing stock, drawing on Yardi Matrix data.

Prime Data Centers To Build Silicon Valley Facility

The four-story building will provide 9 MW of power and is slated for completion in 2021.

Pessimism Grows Among New York City Brokers

While the overall figures are discouraging, sector-level results indicate a divergence in sentiment, according to REBNY’s latest report.

Tech Tenants Remain Biggest Force in Office Leasing

From 2010 to 2019, 1.5 million technology jobs were created. Only 58,000 have been lost in 2020.

Warehouse

Exeter Property Group Pays $85M for Pennsylvania Warehouse

In 2018, the seller financed the 1.2 million-square-foot development with a $48.8 million loan from Regions Bank.

Anchor Health Buys Memphis-Area MOB Portfolio

Trumbull Laboratories anchors the two-building, 78,690-square-foot property in Germantown, Tenn.

Westfield Upgrades Shopping Centers With Solar Power

The move is part of URW’s global environmental sustainability initiative, dubbed Better Places 2030.

Empire State Building

Empire State Building Lands 212 KSF Lease

Centric Brands, which had been occupying subleased space, signed a direct lease at the Midtown Manhattan landmark.