National Office Vacancy Rate Reaches 15 Percent in February; Rents Drop

Crain’s New York Business Vornado Realty Trust has sued Archegos Capital Management, claiming the hedge fund owes $159,16555 in unpaid rent and other fees at 888 Seventh Ave, an 886,000-square-foot office building in Manhattan Archegos began...

Crain’s Chicago Business Amazoncom Inc has agreed to fully lease the 501,000-square-foot industrial building at 3940 South Lakeside Drive in Waukegan, Ill The e-commerce giant is leasing the property from Bridge Industrial of Chicago The building...

Dallas Business Journal Alpha Furniture has inked a lease for 160,120 square feet of industrial space in the Dallas suburb of Arlington, Texas The Passaic, NJ, company is leasing its space at GSW Distribution Center 20 Stream Realty Partners...

Dallas Business Journal Johnson Storage & Moving has signed a lease for 214,649 square feet of industrial space at the Penn Distribution Center in Dallas The Centennial, Colo, logistics company was represented in the latest deal by Stream Realty...

REBusiness Online Alliance Ground International LLC has agreed to fully lease the 253,000-square-foot industrial property at 1717 Busse Road in Elk Grove Village, Ill The Miami company, which provides airline cargo handling services, was represented...

Commercial Real Estate Direct Staff Report Fannie Mae and Freddie Mac funded a total of $596 billion of multifamily loans during the first half, down 67 percent from the $639 billion they funded during the same period last year Freddie funded $272...

Real Estate NJ OMLog has signed a lease to fully occupy the 607,279-square-foot industrial building at 1000 Rand Blvd in Phillipsburg, NJ The Italian logistics company that works with fashion retailers is taking its space in Building 3 in the 39...

Triad Business Journal Ardagh Group will occupy a 610,000-square-foot warehouse and distribution center that’s currently under construction in Winston-Salem, NC The Luxembourg company, which produces glass and metal products, is taking its...

Commercial Real Estate Direct Staff Report A total of $596 billion of property sales transactions took place in June, taking volume for the first half of the year to 16,228 properties totaling $25147 billion, according to Real Capital Analytics The...

Average daily rates generated by US hotels slipped to $13919 for the week through July 17 from the all-time high of $13984 recorded the previous week, according to STR But the Hendersonville, Tenn, research company noted that ADR remains 18 percent...