Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan was $618/sf in the first quarter, down 134 percent from a year earlier, according to CBRE That was a 51 percent decrease from the fourth...
REBusiness Online Axiom Properties has paid $127 million, or $103,252/unit, for Summit Hill, a 123-unit apartment property in Madison, Wis The Lincolnshire, Ill, investor purchased the property from Trevian Capital and Crown Properties, both of New...
Chicago Tribune A venture of Lincoln Property Co and Calamos Real Estate is planning to build the Lincoln at CityGate, a 285-unit apartment property in the Chicago suburb of Naperville, Ill The four-story complex, at 2135 City Gate Lane, will have...
Dallas Business Journal Thirty-One Gifts is fully leasing a 651,518-square-foot warehouse at 951 Garden Ridge Parkway in the Dallas suburb of Flower Mound, Texas The industrial property will serve as a distribution center for the company, which is...
Commercial Real Estate Direct Staff Report A total of 425 million square feet of office leases were signed in Manhattan in the first quarter, a 481 percent decline from the 819 million sf of leases inked at the same time last year, according to CBRE...
Crain’s New York Business WeWork has vacated the 48,000 square foot of office space it had been leasing at 349 Fifth Ave in Manhattan Zar Property owns the eight-story building, which is between Fifth and Madison avenues, across from the...
Minneapolis/St Paul Business Journal Blackstone Group has paid $247 million, or $9880/sf, for a portfolio of 22 industrial buildings with more than 25 million square feet throughout the Minneapolis/St Paul, Minn, area The New York investment manager...
Louisville Business First Miller-Valentine Group has broken ground on the 395-unit Jeff on 10th apartment building in Jeffersonville, Ind, about three miles from Louisville, Ky The Cincinnati developer is building the property as part of the 60-acre...
St Louis Business Journal KDG has proposed developing a multi-phase mixed-use project in St Louis The company, a joint venture of local developers Koman Group and Keeley Development Group, is developing the project as part of the Cortex Innovation...
Commercial Property Executive Mohr Capital has broken ground on an 827,000-square-foot industrial building in the town of Whiteland, Ind, about 20 miles south of Indianapolis The Dallas real estate investment company is developing the property on a...
