The sale-leaseback market maintained its momentum through the first quarter, and given strong M&A activity and favorable market conditions, demand should remain...
Boston Business Journal An entity managed by Mai Luo has paid $30 million, or $14416/sf, for 18 Tremont St, a 208,097-square-foot office building in Boston’s Financial District The local investor acquired the building from an affiliate of...
New York Business Journal An affiliate of Melia Hotels International has paid $203 million, or $648,562/room, for the Innside New York NoMad hotel in Manhattan The Palma de Mallorca, Spain, hospitality company bought the 313-room property from its...
LA Business First Hoa’s Global Pet Nutrition has agreed to lease the 163,300-square-foot industrial property at 1930 South Parco Ave in Ontario, Calif The manufacturer of pet foods was represented by Maple Commercial Real Estate, while NAI...
Commercial Real Estate Direct Staff Report The average monthly apartment rent in the Dallas/Fort Worth area declined in the first quarter of this year by 04% to $1,483/unit, according to Colliers Regardless of when a property was built, rents...
Commercial Observer Kaufman Investments is said to have agreed to pay $125 million for a pair of office properties across Madison Square Park in Manhattan’s Midtown South submarket The New York investor is buying the properties—the...
Phoenix Business Journal Microsoft has paid $130 million for a 100-acre development site in Goodyear, Ariz, about 27 miles west of Phoenix The tech giant acquired the property from First Industrial Realty Trust The site, at North Citrus and West...
Commercial Real Estate Direct Staff Report Itron will vacate the 191,423 square feet of office space that it takes at Champion Station in San Jose, Calif, when its two leases roll in September The tech company that focuses on energy and water...
The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
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