389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
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Commercial Real Estate Direct Staff ReportRents at small industrial and office properties continued to fall last month, according to Boxwood Means Inc.But the rate of decline has not increased, according to the Stamford, Conn., research company that specializes in small-capitalization ...
Commercial Real Estate Direct Staff ReportDevelopers Diversified Realty Corp., which last week reported $84.8 million of net income for the first quarter, said that most tenants that request rent relief are unsuccessful.It said that it has so far received 672 ...
Commercial Real Estate Direct Staff ReportThe New York Times is paying affiliates of W.P. Carey Co. annual rent that starts at $24.2 million, or $31.62/sf, for the 765,000 square feet it is leasing at its 620 Eighth Ave. headquarters building ...
By John Covaleski, Commercial Real Estate Direct Staff WriterA long-troubled former industrial property in Phoenix is expected to generate more than enough income to meet the debt-service requirement on its securitized loan thanks to a newly-signed tenant.Area brokers speculate that ...
Crain'sChicago Business ZurichFinancial Services is looking to sublease 225,000 square feet of office space atits headquarters in Schaumburg,Ill. The insurer has tapped UGLEquis to market the space, which accounts for roughly 25 percent of the808,000-sf complex. The two-building property, known ...
LosAngeles Business JournalUnionBank of California has renewed and expanded its lease at Union Bank Plaza indowntown Los Angeles. The bank will now occupy 345,000 square feet of officespace at the building in the largest lease transaction this year in downtown ...
L&L Holding Co., which earlier this year paid $500 million for Manhattan's 200 Fifth Ave., has signed a massive 15-year lease with Grey Group to take more than half the building's space. Grey, a global marketing communications company, has agreed ...
Vornado, which owns a substantial amount of office and retail space in Manhattan, is poised to increase rents, thanks to extremely strong demand. Rents at its Manhattan properties are now 15 percent below market, and Vornado says it will be ...
Boston HeraldPutnam Investments is scouting for up to 300,000 square feet of headquarters office space in Boston. The financial services company, which would be leaving 245,000 sf it leases at One Post Office Square, seems particularly interested in 125 High St., ...
The McGough Cos. has tapped the Minneapolis office of CB Richard Ellis to lease Bloomington Central Station, a mixed-use project with 2.5 million square feet of office space.McGough, a St. Paul, Minn., developer, is constructing the project in Bloomington, Minn., ...
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© 2023 Commercial Real Estate Direct All rights reserved..