Monthly rents at multifamily properties increased in September by $16/unit, or 1 percent from the previous month to $1,558/unit That's the smallest monthly increase since last May, when they grew by only $12/unit, or 08 percent, according to Yardi...
Dallas Morning News Loloi Rugs has opened a 450,000-square-foot distribution center at 4130 Port Blvd in Dallas The Dallas rugs manufacturer’s new warehouse is part of the Dallas Southport Center industrial property The company, which was...
The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, NY The property is being planned for a vacant lot...
The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave in Queens, NY Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL Zara, a Queens...
Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $87360/sf, purchase of 51 West 52nd St, an 870,000-square-foot office building in Manhattan Deutsche Bank and Goldman Sachs...
Commercial Observer CSRE has secured $32 million of financing to help fund the acquisition and conversion of a vacant 381-room Marriott hotel in Farmington, Conn, into a 225-room apartment property Kriss Capital provided the floating-rate loan,...
Real Estate NJ Peloton Interactive has signed a lease for 840,000 square feet at the 41 million-sf Linden Logistics Center in Linden, NJ, about 20 miles southwest of Manhattan A venture of Advance Realty Investors, Greek Development and PGIM Real...
Boston Business Journal Herb Chambers has agreed to pay $205 million, or $232,47/sf, for the 88,182-square-foot office building at 400 Mystic Ave in the Boston suburb of Medford, Mass The automobile dealership is buying the property from Eastern...
Tenants signed 87 million square feet of leases in Manhattan in the third quarter, the largest total since the fourth quarter of 2019, according to CBRE That was a 104 percent increase from the second quarter, but remains 5 percent below the...
Rentvcom Tandem Diabetes has agreed to lease 182,000 square feet of office and laboratory space at the 350,000-sf Del Mar Corporate Centre in San Diego The medical device company was represented in the lease by CBRE, while the landlord, Kilroy...
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