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Federal Reserve Leaves Funds Rate Alone, Taps Brakes for Rest of 2019
News 3 hours ago
Federal Reserve Leaves Funds Rate Alone, Taps Brakes for Rest of 2019

The Federal Reserve decided to hold interest rates steady on Wednesday and gave off indications that it may not raise them again this year. That...

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Cawley Arranges Sale of Brighton Park Industrial
News 4 hours ago
Cawley Arranges Sale of Brighton Park Industrial

Cawley Chicago’s Frank Melchert and Stevan Arandjelovic helped facilitate the sale of a 70,000 square foot industrial building at 3590 Karlov Ave....

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Transwestern Brokers New HQ for InnerWorkings
News 4 hours ago
Transwestern Brokers New HQ for InnerWorkings

Transwestern Commercial Services (TCS) has brokered a 41,443-square-foot lease for InnerWorkings Inc.’s global headquarters at 203 N. LaSalle St....

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Siemens Gets Nod for 1.4-Megawatt Solar Project at Javits Center
News 4 hours ago
Siemens Gets Nod for 1.4-Megawatt Solar Project at Javits Center

Siemens Building Technologies has been selected by the New York Power Authority to install up to 1.4 megawatts of solar renewable energy on the...

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Newly-Built Raising Cane’s Sold at Record Cap Rate
News 9 hours ago
Newly-Built Raising Cane’s Sold at Record Cap Rate

Hanley Investment Group Real Estate Advisors completed the sale of a brand-new single-tenant Raising Cane’s Chicken Fingers situated on a pad at a...

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Connect Media Commercial Real Estate News
News 9 hours ago
Connect Media Commercial Real Estate News

Key West Harbour, a 13.1-acre mixed-use, luxury wet / dry slip marina facility in Key West, FL, has been sold by iStar Inc. for $39.5 million. The...

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Alliance Divests Phoenix MF to Weidner for $84M
News 9 hours ago
Alliance Divests Phoenix MF to Weidner for $84M

Kirkland, WA-based Weidner Apartment Homes acquired Broadstone Roosevelt Row, a 316-unit apartment complex in the heart of downtown Phoenix’s...

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Former NJ Toys R Us HQ Sold, Development Eyed
News 9 hours ago
Former NJ Toys R Us HQ Sold, Development Eyed

The former 621,000-square-foot Toys R Us corporate headquarters at One Geoffrey Way in Wayne, NJ has traded hands for an undisclosed price. The...

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Dermody Unveils Another Reno Logistics Facility
News 9 hours ago
Dermody Unveils Another Reno Logistics Facility

Dermody Properties completed the second building within Phase 2 of LogistiCenter at 395 in Reno’s North Valleys submarket. The more than 436,000...

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Mid-States Distributing Moves from Midwest to DFW
News 10 hours ago
Mid-States Distributing Moves from Midwest to DFW

Mid-States Distributing Co. Inc. acquired a 40,000-square-foot building in north Fort Worth. The farm store channel retailer will use the building,...

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Caydon Unveils Laneways: A 2M-SF MXU Development
News 10 hours ago
Caydon Unveils Laneways: A 2M-SF MXU Development

Australian developer Caydon Property Group announced the next step in its massive development in Houston’s Midtown area. Dubbed Laneways, the...

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Transwestern Assigned to Fill Corpus Christi Medical Tower
News 10 hours ago
Transwestern Assigned to Fill Corpus Christi Medical Tower

David Z. Mafrige Interests (DZMI) retained Transwestern to provide leasing services for the 105,000-square-foot Corpus Christi Medical Tower....

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Falcon Ridge Apartments Sells to High Five Multifamily
News 10 hours ago
Falcon Ridge Apartments Sells to High Five Multifamily

High Five Multifamily, an investor of Class B and Class C multifamily assets, acquired Falcon Ridge Apartments, a 116-unit complex in Universal...

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TerraCap Snags 368K-SF Preston Park Financial Center
News 11 hours ago
TerraCap Snags 368K-SF Preston Park Financial Center

TerraCap Management LLC bought Preston Park Financial Center, a two-building, 367,500-square-foot office complex in Plano TX. The asset delivered...

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Multifamily Numbers and Opportunity Zones
News 13 hours ago
Multifamily Numbers and Opportunity Zones

A great deal has been written about the Opportunity Zone program. Passed in December 2017 as part of the Tax Cut and Jobs Act, the program creates...

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11 Items Necessary for Quick Multifamily Financing
News 13 hours ago
11 Items Necessary for Quick Multifamily Financing

It is paramount to have the right materials and mindset when it comes time to purchase or refinance a multifamily community. Connect Media recently...

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Connect Media Commercial Real Estate News
News 23 hours ago
Connect Media Commercial Real Estate News

Even as fund managers, developers and investors continue to figure out ground rules of the Opportunity Zone program, a just-released report,...

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Construction Commences on 350K-SF RiverSouth
News 1 day ago
Construction Commences on 350K-SF RiverSouth

Stream Realty Partners and partner QuadReal Property Group broke ground on RiverSouth, a 350,611-square-foot commercial building, south of downtown...

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Millennium Distribution Expands Space with New Lease
News 1 day ago
Millennium Distribution Expands Space with New Lease

Millennium Distribution inked a deal with EastGroup Properties to take down 73,142 square feet at 4829 Eisenhauer Rd. in San Antonio. The deal...

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Team ProMark Jumps from Colorado to Fort Worth
News 1 day ago
Team ProMark Jumps from Colorado to Fort Worth

Licensed sports merchandise supplier Team ProMark selected north Fort Worth for its new headquarters location. The company relocated from Colorado,...

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Former PropertyShark CEO Joins Compound Investment Platform
News 1 day ago
Former PropertyShark CEO Joins Compound Investment Platform

Compound Asset Management, a New York City-based real estate asset management and technology company, has brought in real estate data pioneer Bill...

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Lee Illinois Bolsters Chicagoland Industrial Team
News 1 day ago
Lee Illinois Bolsters Chicagoland Industrial Team

Lee & Associates of Illinois has added Michael O’Leary to its industrial team. In his new position at Lee, O’Leary will work in conjunction with...

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CushWake Tapped to Lease NYC's First Class A Spec Industrial
News 1 day ago
CushWake Tapped to Lease NYC's First Class A Spec Industrial

Cushman & Wakefield will handle leasing Brooklyn Logistics Center, a two-building, 214,000-square-foot single story industrial facility at 12555...

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Colliers Will Handle Leasing for Newark Tower’s Upper Floors
News 1 day ago
Colliers Will Handle Leasing for Newark Tower’s Upper Floors

The New Jersey office of Colliers International has been hired by Beijing Ideal China Group Co. to market and lease floors 6-22 of One Newark...

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Coalition of Owners Seeks “Responsible” Rent Reforms
News 1 day ago
Coalition of Owners Seeks “Responsible” Rent Reforms

A coalition of New York City building owners has taken to the airwaves to call on Albany to pass responsible rent reforms that protect tenants, but...

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Savills Studley Rebrands to Align with Global Platform
News 1 day ago
Savills Studley Rebrands to Align with Global Platform

Savills Studley has rebranded as Savills Inc., effective immediately. This change aligns the New York-based U.S. arm of the business with the...

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Electrical Equipment Maker Breaks Ground on West Side Facility
News 1 day ago
Electrical Equipment Maker Breaks Ground on West Side Facility

The Will Group recently hosted city officials in a groundbreaking for the company’s new $5.4-million electrical equipment production facility on...

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Proposal Would Triple Transfer Tax for Larger Commercial Sales
News 1 day ago
Proposal Would Triple Transfer Tax for Larger Commercial Sales

Civic organization the Metropolitan Planning Council (MPC) is supporting a proposal to triple the city’s real estate transfer tax for sellers of...

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Jersey Village OKs Plans for $145M Massive MXU Project
News 1 day ago
Jersey Village OKs Plans for $145M Massive MXU Project

The Jersey Village City Council inked an agreement with Houston developer Collaborate LLC for a 43-acre, mixed-use project dubbed Village Center....

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Bellwether Arranges Refi on Two St. Paul-Area Apartment Houses
News 1 day ago
Bellwether Arranges Refi on Two St. Paul-Area Apartment Houses

Bellwether Enterprise Real Estate Capital LLC has closed on a combined $32 million in two loans to refinance two multifamily developments totaling...

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