The monthly rents that the country's largest apartment REITs generated during the third quarter increased by 142% from the second quarter to an average of $1,926/unit That compares with the 049% increase in rents they reported in the second quarter...
New York Business Journal Oppenheimer Holdings Inc has leased 220,000 square feet of office space at 32 Old Slip in Lower Manhattan for its new headquarters The New York investment banking and wealth-management firm will occupy six full floors at...
The Real Deal Antora Energy has leased all 294,000 square feet at a newly constructed industrial property at 475 Sycamore Drive in Milpitas, Calif Prologis, a San Francisco REIT, owns the property, which has power capacity of up to 4,000 amps, with...
Modal Labs has leased 160,000 square feet at the 116 million-sf 32 Ave of the Americas office building in Manhattan’s Tribeca neighborhood The New York company will relocate about 140 employees from 233 Spring St, also in Manhattan, by...
Sky Capital Group has paid $226 million, or $10463/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, NY, which had paid...
Philadelphia Business Journal Lightstone Group has bought the 261,000-square-foot industrial property at 1800 Ogletown Road in Newark, Del, for $321 million, or $12299/sf The Lakewood, NJ, real estate firm acquired the property from Maguire Hayden...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
Philadelphia Business Journal Standard Communities has paid $293 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia’s Wynnefield Heights neighborhood The Los Angeles affordable-housing company acquired...
Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 105 million-square-foot industrial project in Tinicum Township, Pa, next to...
Philadelphia Business Journal A venture of Wilder and investors advised by JPMorgan Asset Management has acquired Marketplace at Huntingdon Valley, a 257,000-square-foot grocery-anchored shopping center in Huntingdon Valley, Pa, a suburb of...
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