Cushman & Wakefield
BLT Enterprises Acquires CA Manufacturing Facility for $31M
The 221,660-square-foot industrial property is the only facility larger than 200,000 square feet in the North San Diego submarket.
Advisory Firm Inks 42 KSF Lease in Manhattan
FOJP Service Corp. will occupy an entire floor at Empire State Realty Trust’s 111 W. 33rd St. office tower. The space will serve as the company’s new headquarters.
Scottsdale Showroom Property Changes Hands
The 110,000-square-foot asset features local and national interior designers, retailers and art dealers. A Cushman & Wakefield team arranged the transaction on behalf of the seller.
Pacer Partners Expands Orlando Office Footprint
The company acquired two fully leased buildings, known as 700 and 800 SouthPark Center. Cushman & Wakefield facilitated the transaction on behalf of the seller.
Broadbridge Financial Signs Lease at Manhattan Tower
The global fintech firm will occupy 85,000 square feet at a 44-story, Fisher Brothers-owned building. The property underwent $25 million in capital improvements two years ago.
Penumbra Expands CA Presence With Sacramento Lease
Penumbra will occupy more than 150,000 square feet at the Roseville Innovation Park. A joint venture between Farallon Real Estate Partners and Strada Investment Group owns the property.
Endurance, Blue Vista Break Ground on PA Distribution Center
Construction has begun on the 125,125-square-foot build-to-suit facility, which is located off Interstate 81 in Northeast Pennsylvania and scheduled for delivery in the third quarter of 2019.
Blockchain’s Implications for CRE
The technology underlying bitcoin and other cryptocurrencies has far-reaching potential to disrupt and transform multiple CRE functions, according to a new Cushman & Wakefield report.
World’s Most Expensive High Streets
Tracking more than 400 top retail streets, Cushman & Wakefield’s 30th edition of its Main Streets Across The World report ranks them by their prime rental value.
Missner Group Starts Chicago Office Redevelopment
The seven-story building in the West Loop, which used to be the home of clothes manufacturer Oxxford, will be turned into a modern, nine-story office property.