Commercial Real Estate Direct Staff Report Rents for retail space in the 16 retail corridors tracked by CBRE declined by 12 percent in the fourth quarter, to $597/sf That was the 17th straight quarter in which rents had declined And if you count the...
Rentvcom Factor, a subsidiary of HelloFresh, has agreed to fully lease a 300,100-square-foot industrial building at Yuma 143, a two-building industrial property that’s under construction in Goodyear, Ariz The meal kit delivery service will...
REJournalscom R&R Realty Group will break ground soon on R&R Commerce Park South, a six-building industrial property that will total 13 million square feet in Omaha, Neb The Des Moines, Iowa, company is building the property at the southeast...
Crain’s Chicago Business KBS Growth & Income REIT Inc is planning to bring to the sales market a pair of nearby office properties totaling 173,405 square feet in Chicago The Newport Beach, Calif, REIT wants to sell the properties as part...
Multi-Housing News A venture of John Buck Co and Free Market Ventures has broken ground on Platform 4611, a 200-unit apartment property in Chicago The property, at 4611 North Broadway, will have studio, one-, two- and three-bedrooms units with...
St Louis Business Journal Harrison Street Real Estate has paid $92 million, or $60594/sf, for EDGE@BRDG, a 151,829-square-foot life-science property in St Louis The Chicago investment and management firm purchased the property from its developer,...
Dayton Business Journal Kendall Property Group is planning to build the Innovation Way Apartments, with 319 units in Middletown, Ohio The Indianapolis developer is planning the property for the intersection of Union Road and Innovation Drive, about...
Dallas Business Journal PathGroup has signed a lease for 126,596 square feet of office and laboratory space in Coppell, Texas, about five miles north of the Dallas-Fort Worth International Airport The company, which provides clinical, digital,...
Dallas Business Journal Reata Pharmaceuticals Inc is bringing an entire 327,400-square-foot office building in the Dallas suburb of Plano, Texas, to the sublease market The pharmaceutical firm was expected to house its operations at the property, at...
Crain’s Chicago Business A venture led by Gerald Nudo, the vice president of Marc Realty, has paid $2376 million, or $110,000/room, for the 216-room Hotel Aubrey in Chicago The property was sold by an investment group that includes Lowe...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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