Regions
Amazon Scraps Long Island City HQ2 Campus
The tech giant blamed political opposition for its withdrawal from a plan to create a 4 million-square-foot campus in Queens. Its next steps are unclear.
CRE’s Tailwinds and Headwinds for 2019
Gregg Gerken, head of Commercial Real Estate for TD Bank, explains how current economic and demographic trends are shaping investment and finance in the industry’s four main asset classes.
StorageMart Grows Kansas Portfolio
The company has opened a 639-unit self storage facility in Orlando Park, marking its fourth location in the region, roughly 24 miles from Kansas City.
CBRE Facilitates Sale-Leaseback Deal in NJ
Seiko Holdings Corp. sold the 140,420-square-foot office/tech building in Mahwah, N.J., for $10.3 million. The property will continue to house the seller, as well as Nuance Communications.
Gramercy Property Buys 108 KSF Office in NJ
Rugby Realty sold 1290 Wall St. W. for $8 million. The five-story building last traded in 2016, as part of a 1031 exchange.
HSA Welcomes LifeNet Health to Indianapolis Property
The transplant solution provider is going to occupy almost one quarter of the space available at Gateway V, the most recent warehouse added to Gateway Business Park.
The Hampshire Cos., Harrison Street Launch East Coast Venture
The companies have teamed up to develop self storage facilities along the I-95 Corridor, from Washington D.C., to Boston.
Elion Partners, Buchanan Acquire DC-Area Industrial Portfolio
The properties total 1.6 million square feet across six locations. This deal marks the partners’ second industrial purchase within the metro.
Shopko Outlines Post-Bankruptcy Footprint
Despite substantial store closures before the Chapter 11 filing, the restructured retail chain will maintain locations in 11 states, while its portfolio will drop to less than half of its previous size.
Akridge Delivers DC Office Project for WeWork
The developer and its partner, Alcion Ventures, signed the coworking firm to occupy the entirety of 1701 Rhode Island, a newly completed project in Washington’s central business district.