Regions
How Does Supply Shortage Impact the NYC Retail Sector?
A new Marcus & Millichap report highlights how modest development activity, healthy population and job growth in the Big Apple affected retail vacancies and rents.
Caerus Group Retrofits Former Long Island City Facility
The fully renovated office building in the heart of the city used to be a jewelry manufacturing plant. Newmark Knight Frank announced the market debut of the new property.
FRP Sells $347M Multi-State Industrial Portfolio
The 3.6 million-square-foot group of assets, located across three Mid-Atlantic states, includes 40 warehouse and warehouse/office properties, as well as three land parcels.
Bridge Leases 750 KSF Chicago-Area Industrial Space
The three properties in Cicero, Waukegan and Franklin Park are currently under construction, with delivery slated by the end of 2018.
Trammell Crow Adds New VP in Philadelphia
In his new role, Michael Wilson will manage the Northeast metro business unit’s operations. He has more than 18 years of experience in the healthcare and real estate development sectors.
Transwestern Taps New NorCal SVP
Blake Peterson has more than 15 years of experience and will lead Transwestern’s office property management services for the region.
Economy Watch: Revolutionary Times For Retail
While the retail sector is facing several challenges, the tumult is actually symptomatic of revolutionary change in the industry, with emerging winners and losers, according to a new Colliers International report.
Goodman Group’s LA-Area Logistics Center Hits Full Occupancy
The company signed Damco, a provider of freight forwarding and supply chain management services, to a 10-year lease, occupying all six of its buildings at Goodman Gateway Santa Fe Springs.
Rockwood Capital JV Expands LA Office Campus
The upcoming one million-square-foot building is the last to be constructed in the 6.5-acre Water’s Edge in Playa Vista. The project is scheduled for completion by the second quarter of 2020.
Amerlux Introduces New LED Lighting Solution
Easy to install, Quick-Line features run alignment pins and pre-installed brackets, while also offering direct and direct/indirect lighting distributions.