Regions
Calare Properties Lets Go of MA Asset
The warehouse, which Calare bought in 2015, is located in Watertown, Mass., and changed hands for $15 million. It is 100 percent leased.
Monmouth Lands 300 KSF OH Industrial Building
The company purchased the new asset for $18.3 million. Located in Kenton, the property is leased to New York-based International Paper Co.
Seagis Property Group Expands NYC Portfolio
The company acquired three warehouses totaling 135,000 square feet. This purchase marks Seagis Property Group’s entry into the Brooklyn submarket.
Empire State Inks 108 KSF Lease at 1400 Broadway
The company secured international law firm Fragomen, Del Rey, Bernsen & Loewy to lease floors eight through 10 at the iconic 37-story high-rise. Members of NKF represented both Fragomen and the landlord.
Lionsgate Entertainment Signs 60 KSF LA Lease
JLL negotiated the lease for 60,166 square feet of space at the 200,000-square-foot Santa Monica Gateway, where Lionsgate will house its newly acquired STARZ.
Economy Watch: How New Immigration Policies Would Impact CRE
Legislation revising the RAISE Act is set to significantly impact commercial real estate and corporate occupancy, both of which heavily rely on the changing dynamics of the labor market.
Amazon to Add 4th Facility in Ohio
Developed by IDI Gazeley, the upcoming 1 million-square-foot fulfillment center is set to bring 1,000 full-time jobs to Monroe.
Economy Watch: Immigration Policy Changes’ Impact on CRE
Limiting the number of immigrants to the U.S. would exacerbate the labor shortages that several real estate-related fields are already facing, according to a recent Cushman & Wakefield study.
CenterSquare Spins Off from BNY Mellon
The firm, set to be sold to its management team and private equity firm Lovell Minnick Partners, has $9 billion in U.S. assets under its umbrella, as well as global real estate and infrastructure investments.
Bedrock Reveals $2B, Multi-Project Plan for Detroit
New buildings and renovations will expand the city’s office, residential, retail and hospitality offerings, continuing the city’s transformation into a magnet for businesses and visitors.