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Home > Interest Rates and Commercial Real Estate: What to Expect?
Apartment tenants spent more of their incomes to rent their units this year, with those who choose to rent, but could afford to buy their homes if they wanted to, getting hit hardest The overall rent-to-income ratio increased in March by 20 basis...
The Real Deal Lamar Cos has paid $637 million, or $14883/sf, for Geneva Commons, a 438,000-square-foot retail center in Geneva, Ill The Fairfield, NJ, company purchased the property from LaSalle Investment Management, which had acquired it in 2013...
Tampa Bay Business Journal American Landmark Apartments has paid $134 million, or about $301,802/unit, for the Pointe on Westshore, a 444-unit apartment property in Tampa, Fla The local company purchased the property from its developer, Index...
Commercial Real Estate Direct Staff Report Ferrado Properties Inc has paid $391 million, or $1,503/sf, for the 26,834-square-foot office property at 801 Boylston St in the Back Bay section of Boston The Newport Beach, Calif, investor bought the...
Commercial Real Estate Direct Staff Report American Eagle will vacate the 192,322 square feet it occupies at 393-401 Fifth Ave in midtown Manhattan as part of a broader consolidation As reported, the retailer had signed a lease for 338,035 sf at 63...
REBusiness Online A venture of Zar Property NY and HPNY has paid $151 million, or $26491/sf, for the 57,000-square-foot office property at 26-30 West 61st St in the Lincoln Square section of Manhattan The venture bought the property from the Brodsky...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc had signed 97 office leases for 922,000 square feet during the first quarter, a significant increase from the 520,000 sf of deals inked during the same period a year ago and 698,000...
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif The New York drug manufacturer’s lease for the entire property is set to mature in March 2027 It...
South Florida Business Journal An affiliate of Blackstone Group has bought the 346-room W Fort Lauderdale hotel in Fort Lauderdale, Fla, for $9765 million, or about $282,225/room The New York company purchased the property from the Related Cos, also...
Commercial Real Estate Direct Staff Report Pier Property Group has sold the Flats at Dorsett Ridge, a 214-unit apartment property in Maryland Heights, Mo, for $541 million, or $252,803/unit The St Louis developer sold the property to an East Coast...
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© 2023 Commercial Real Estate Direct All rights reserved..
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