The apartment sector enjoyed the quickest recovery of any commercial real estate type following the Global Financial Crisis The hope is for a similar recovery once the coronavirus pandemic comes to an...
December marked the first month since last April that the US economy lost jobs It also brought the largest one-month decline – 08 percent – in apartment rents since the start of the coronavirus pandemic Monthly rents fell by an average...
Bisnow Stonebridge has agreed to sell a 35-acre development site in Alexandria, Va Winchester Homes is under contract to buy the site, on which it plans to build an 84-unit townhome property The site, at the intersection of Oakville Street and Swann...
Bisnow A venture of Zusin Development and Sivan Properties is offering for sale the development site at 301 Florida Ave NE in Washington, DC It has hired Feldman Ruel Urban Property Advisors to sell the site, which is at the intersection of Florida...
Employers are expected to continue giving employees the flexibility, at least some of the time, to work from home, even after widespread vaccinations against the coronavirus take...
The Real Deal A venture of SHVO, Bilgili Group, Deutsche Finance and BVK is looking to block Ralph Lauren’s plans to sublease 28,300 square feet of ground-floor retail space at 711 Fifth Ave in Manhattan The clothing retailer had closed its...
Philadelphia Business Journal GLP Capital Partners has paid $715 million, or $25265/sf, for the 283,000-square-foot warehouse at 2400 Weccacoe Ave in Philadelphia The Santa Monica, Calif, company bought the industrial property from a venture of...
Commercial Observer Abramson Properties has paid $131 million, or $19857/sf, for the 65,971-square-foot Waterfront I office building in Alexandria, Va The Alexandria developer bought the vacant property, at 801 North Fairfax St, from Finmarc...
Crain’s New York Business Amazoncom Inc has taken occupancy of a 205,000-square-foot warehouse at 1055 Bronx River Ave in the Bronx, NY Prologis Inc owns the property, which previously was leased to Jetcom, a Walmart affiliate It bought the...
Philadelphia Business Journal Velocity Venture Partners has paid $195 million, or $4311/sf, for the 452,323-square-foot industrial building at 1180 Church Road in Lansdale, Pa, a Philadelphia suburb The Philadelphia investment firm bought the...
