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Home > Covid Accelerated the Retail Apocalypse
Ladder Capital Corp, which like other mortgage REITs was hammered by the coronavirus pandemic, prompting it to sharply reduce its lending activity, has started lending once again The company has nearly $300 million of fixed- and floating-rate loans...
Crain’s New York Business Equitable Financial Life Insurance Co has signed a lease for 123,000 square feet at 1345 Sixth Ave, a 2 million-sf office building in Manhattan The insurer plans to move into the property by 2023 It currently leases...
Real Estate NJ Bob’s Discount Furniture has signed a lease to fully occupy a 622,230-square-foot warehouse that is under construction in Piscataway, NJ Duke Realty Corp plans on delivering the industrial property this summer The warehouse, at...
Orlando Business Journal FedEx Corp has agreed to lease 433,434 square feet of industrial space in Orlando, Fla The Memphis, Tenn, logistics firm is taking its space at Building 800 in the 206-acre Infinity Park development near the Orange County...
The Real Deal Weee, an online grocery start-up, has agreed to fully lease a 220,000-square-foot cold-storage facility at 174 Delawanna Ave in Clifton, NJ The Fremont, Calif, company is moving from Edison, NJ, where it has a 50,000-sf cold-storage...
Atlanta Business Chronicle Comptree Inc has agreed to fully lease a recently built distribution center in Braselton, Ga, about 50 miles northeast of Atlanta The City of Industry, Calif, home-furnishing company is leasing the building in the Park 85...
Orlando Business Journal A foreclosure suit has been filed against the owner of the Florida Hotel & Conference Center in Orlando, Fla Tantallon Orlando LLC owns the 511-room property, at 1500 Sand Lake Road, which serves as collateral for $40...
Dallas Morning News Amazoncom Inc is planning to lease 130,000 square feet at an industrial project that’s under development in suburban Dallas The online retail giant is taking its space at the three-building Commerce 635 business park that...
Bisnow WeWork has closed its 86,000-square-foot location at 25 Broadway in Manhattan The co-working company in 2013 had signed a 20-year lease to occupy two floors at the 22-story building, which is owed by ACTA Realty WeWork received a year of free...
Crain’s New York Business A venture of Savitt Partners and French billionaire Marc Ladreit de Lacharriere has sued Italian clothing company Valentino, claiming it is owed $207 million for a broken lease and damages at 693 Fifth Ave in...
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© 2020 Commercial Real Estate Direct All rights reserved.