Regions
Downtown NYC Tower Inks 95 KSF in Leases
Owner Jack Resnick & Sons signed new deals and expansions at 199 Water Street, its 1.1 million-square-foot office property in Lower Manhattan.
CMBS Market Update
Commercial mortgage-backed securities origination has declined significantly in early 2019, though the falloff in volume this year may yet turn out to be more modest than the 10 percent initially projected. Read our latest CMBS Update.
Bay Area Project Lands $515M in Financing
The U.S. arm of China’s Genzon Investment Group is developing the more than 800,000-square-foot office campus in Burlingame, Calif., which will be occupied by Facebook’s virtual reality firm Oculus. A Cushman & Wakefield team secured the financing package.
In the Next Downturn, Public Markets Will Be CRE Investors’ Best Bet
Those expecting to hunt for discounts during the next down cycle should get up to speed now on REITs, contends Dr. Peter Linemann.
Industrial Supply Catches Up With Demand
A new CBRE report found the overall availability rate in U.S. markets was 7.0 percent, a very slight decrease that marked the 35th consecutive quarter of decline.
Hilton Opens 152-Key Hotel in Seattle
The company’s newest Garden Inn location offers convenient access to Seatac International Airport and downtown Seattle, as well as multiple dining, shopping and entertainment venues.
IL Dual-Tenant Retail Asset Changes Hands
President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.
Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus
A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.
Transactions: May 2019
A selection of noteworthy deals announced between 28 March – 18 April 2019.
Port Cities and Industrial Real Estate
Bold investments in infrastructure and the explosion of ecommerce are benefiting port cities and industrial real estate. Here is a look at opportunities in the most dynamic seaport markets.