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Home > Office Landlords Bracing for Record-High Lease Expirations; Covid to Blame
Crain’s New York Business MetLife Investment Management has paid $681 million for a pair of apartment buildings with a total of 78 units in the Williamsburg section of Brooklyn, NY The Parsippany, NJ, investment manager bought the buildings,...
The Boston REIT completed 114 million square feet of leasing during the fourth quarter, down from 145 million sf in the third quarter But despite volume at 95 percent of what the company has leased on average annually over the past 10 years, it...
Dallas Morning News Careismatic Brands is leasing more than 1 million square feet of industrial space in Dallas The Chatsworth, Calif, manufacturer of medical apparel and footwear is fully leasing a recently completed warehouse that’s part of...
Commercial Observer The estate of artist Frank Fristachi has put on the sales block an assemblage of eight parcels along Driggs Avenue, between Grand and South First streets in the Williamsburg section of Brooklyn, NY The parcels could be developed...
A record 495 million square feet of industrial space was delivered throughout the country last year, according to Cushman & Wakefield That's a whopping 39 percent more than the previous record of 3558 million sf of deliveries, which took place in...
Dallas Morning News SanMar Corp is expected to fully lease Tradepoint 20/45, a 415,176-square-foot industrial property in Dallas The Issaquah, Wash, company is leasing the property from Lake Washington Partners of Bellevue, Wash, which had acquired...
Commercial Real Estate Direct Staff Report The CMBS delinquency numbers for January improved slightly from the month before, with the total volume of loans that are more than 30 days late with their payments declining by 284 percent to $1815 billion...
Commercial Observer The 55,000-square-foot building at 16 West 39th St in midtown Manhattan has been placed on the sales market for $325 million, or $590,909/sf The 12-story property is next to 424 Fifth Ave, which Amazoncom Inc had purchased last...
REBusiness Online Arden Group has begun construction on a 20-story mixed-use project at 4650 Broadway in Manhattan’s Inwood section Plans call for 222 apartment units, 120,000 square feet of commercial space, 80,000 sf of which will be set...
Commercial Property Executive Jacuzzi Group has agreed to lease 143,520 square feet of industrial space at Kentwood 303, a 271,400-sf property in Glendale, Ariz The manufacturer and distributor of spa products is leasing the space from MDH Partners,...
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