Monthly rents for apartments nationwide increased in May by $12/unit from the month before, to $1,428/unit, according to Yardi Matrix That marks the largest one-month increase in rents since at least 2007 The largest one-month increase before May...
Crain’s New York Business Prologis Inc has bought a 68 percent stake in the 196,000-square-foot industrial property at 46-81 Metropolitan Ave in Queens, NY, in a deal that values the four-building complex at $628 million, or $32041/sf The San...
Real Estate NJ Berkshire Group is offering for sale the 240-unit Berkshire Stewards Crossing apartment property in Lawrenceville, NJ The Boston company has hired JLL to market the complex, which could sell for about $68 million, or $283,333/unit...
Boston Business Journal Greystar Real Estate Partners plans on breaking ground this summer on a 650-unit apartment complex in the Boston suburb of Everett, Mass The two-building complex, at 85 Boston St, will also have 9,000 square feet of retail...
Commercial Observer Brack Capital Real Estate is offering for sale the 219,701-square-foot building at 720 West End Ave in Manhattan The New York company has hired Cushman & Wakefield to market the property, which could sell for $180 million, or...
Commercial Observer A venture of Angelo, Gordon & Co and the We’re Group has secured $350 million of financing against a portfolio of 16 office and medical-office buildings on Long Island, NY Barclays and Citigroup provided the debt, which...
Dallas Business Journal SiteOne Landscape Supply has leased a 337,913-square-foot industrial property in Hutchins, Texas, about 11 miles southeast of Dallas The Roswell, Ga, provider of landscaping supplies is taking its space at a 750,000-sf...
Washington Business Journal The Patient-Centered Outcomes Research Institute has signed a lease for 96,092 square feet at 1333 New Hampshire Ave, a 350,000-sf office building in Washington, DC The nonprofit will occupy three and half floors starting...
Commercial Observer A venture of Nightingale Properties and Wafra Capital Partners has secured $500 million of financing against 111 Wall St, a 12 million-square-foot office building in Manhattan Pimco provided the loan, which was arranged by...
Commercial Observer Andrew Chung has paid $1025 million for the development site at 1110 Oak Point Ave in the Bronx, NY Pearl Realty Management sold the property, which it had bought in 2016 for $24 million Pinnacle Realty brokered the most recent...
