Regions
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
Transwestern Tapped to Lease Chicago’s Mural Park
The two 100,000-square-foot loft buildings are being redeveloped into a mixed-use project that will include office, light manufacturing and retail space.
Avison Young Taps New Managing Director
Highly regarded industry veteran David Jewkes has more than 25 years of commercial real estate management and transaction experience.
DC Area Office Park Lands New Leases
CliftonLarsonAllen and the Transit Employees Federal Credit Union inked two leases totaling 22,000 square feet of office space at the six-building Capital Office Park in Greenbelt, Md.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for May 2017 in New York City.
LA Clippers Zoning in on Inglewood for New Arena
The basketball team and the City of Inglewood have entered into a three-year exclusive negotiating agreement to explore building a new stadium, training facilities and team offices on a 20-acre site opposite the future Rams stadium.
NY Investor Grabs 288 KSF NJ Office Asset
In an off-market transaction brokered by Cushman & Wakefield, Shelbourne Global Solutions acquired Perryville III in Hampton, N.J., for $19.9 million. The firm has rebranded the property as Shelbourne at Hunterdon.
Economy Watch: Tech Impact on Office Space Stronger Than Ever
As mobile devices, videoconferencing and other technologies become more commonplace, organizations are increasingly thinking about how they can connect their employees more effectively in the office environment, according to CBRE’s latest Global Prime Office Occupancy Costs report.
Seattle Office Building Commands $330M
A German investment firm is the new owner of Midtown21, a 21-story tower MetLife Real Estate and Trammell Crow Co. developed in the high-growth Denny Triangle.
Amazon, Whole Foods and a New Way of Shopping
Some retailers fear the rise of e-commerce, but Amazon is showing us that we might be able to have it both ways.