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Skanska Sells 121 Seaport Office Tower for $455M to American Realty/Norges JV
News 2 days ago
Skanska Sells 121 Seaport Office Tower for $455M to American Realty/Norges JV

BOSTON—Skanska has sold the newly built 121 Seaport office tower here to a joint venture of American Realty Advisors and Norges Bank Real Estate...

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Hip Hop Hall of Fame Planned for Central Harlem
News 2 days ago
Hip Hop Hall of Fame Planned for Central Harlem

NEW YORK CITY—The Hip Hop Hall of Fame Museum & Hotel has signed a term sheet to acquire a building and development site in Central Harlem for the...

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Walnut Creek Retail Revs Up as Year Winds Down
News 2 days ago
Walnut Creek Retail Revs Up as Year Winds Down

WALNUT CREEK, CA—Third quarter 2018 marked the lowest downtown Walnut Creek retail vacancy rate in more than a year. Vacancy dropped from 4.6% in...

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Northland Apartments in Old Town Trade for $25M
News 2 days ago
Northland Apartments in Old Town Trade for $25M

CHICAGO, IL—JAB Real Estate has sold The Northland Apartments, 1550 North Wieland St. in Chicago’s Old Town neighborhood for $24.5 million. Essex...

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Hunter Truck Signs 10-Year, 81K SF Flex Lease in Philadelphia, PA
News 2 days ago
Hunter Truck Signs 10-Year, 81K SF Flex Lease in Philadelphia, PA

PHILADELPHIA, PA—Hunter Truck, a family owned and operated network of truck dealerships, has signed a ten-year, 81,226 square-foot office/warehouse...

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JPMorgan Chase’s NE Expansion Begins with Opening of First Retail Branch Today
News 3 days ago
JPMorgan Chase’s NE Expansion Begins with Opening of First Retail Branch Today

BOSTON—The first tangible evidence of JPMorgan’s previously announced branch expansion initiative in New England is today’s opening of the...

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Go Big or Go Home: $2.5B TSX Broadway Now Fully Capitalized
News 3 days ago
Go Big or Go Home: $2.5B TSX Broadway Now Fully Capitalized

NEW YORK CITY—L&L Holding Company, Maefield Development and Fortress Investment Group’s 46-story, $2.5 billion TSX Broadway project is now fully...

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Preliminary Assessments Simplified
News 3 days ago
Preliminary Assessments Simplified

Thank you for sharing! Your article was successfully shared with the contacts you provided. The commercial real estate world is a constant balance...

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Suburban Residents Want Urban Amenities
News 3 days ago
Suburban Residents Want Urban Amenities

Baby boomers and millennials in suburban markets desire the same lifestyle—walkability, access to retail and restaurant amenities and dense housing...

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Agree Realty Closes $150M Sale Leaseback With Sherwin-Williams
News 4 days ago
Agree Realty Closes $150M Sale Leaseback With Sherwin-Williams

BLOOMFIELD HILLS, MI–Net lease REIT Agree Realty Corp. has agreed to purchase a portfolio of more than 100 retail properties in a sale-leaseback...

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Pendulum-Seligman Partnership Acquires Liberty Station Complex
News 5 days ago
Pendulum-Seligman Partnership Acquires Liberty Station Complex

SAN DIEGO—A partnership of Michigan-based Seligman Group and Pendulum Property Partners of Irvine, CA has acquired a portion of the Liberty Station...

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PAG Acquires 294K SF Williamsport, PA, Retail Center, Loyal Plaza
News 5 days ago
PAG Acquires 294K SF Williamsport, PA, Retail Center, Loyal Plaza

"We were able to secure a short-term loan that enabled PAG to acquire Loyal Plaza and provide them with the necessary time and funds that will be...

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Center City District Sees Philadelphia Retail Transforming, Repositioning
News 5 days ago
Center City District Sees Philadelphia Retail Transforming, Repositioning

Local proprietors make up 75% of Philadelphia's Center City retail mix; vacancies are half of the national average. Thank you for sharing! Your...

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Anytime Fitness Looks to Nearly Double Presence in Alabama
News 6 days ago
Anytime Fitness Looks to Nearly Double Presence in Alabama

MONTGOMERY, AL—Anytime Fitness has its sights set on opening as many as 30 new gym locations in Alabama by 2024. The announcement by the Woodbury,...

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Is This Spot in the Cycle as Good as it Gets?
News 6 days ago
Is This Spot in the Cycle as Good as it Gets?

SAN FRANCISCO—Everyone seems to be contemplating when the next downturn will take place. With the current cycle taking on a theme of “As Good as it...

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Successful Retailers Focus on Diversification
News 6 days ago
Successful Retailers Focus on Diversification

There are still plenty of opportunities for success in retail—for retailers executing the right strategy. SRS Real Estate Partners, which is...

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Stadium Casino Proposing $150M Casino at Westmoreland Mall in Hempfield Township, PA
News 1 week ago
Stadium Casino Proposing $150M Casino at Westmoreland Mall in Hempfield Township, PA

The Live! Casino is projected to generate $200 million in annual economic impact and create approximately 1,460 new jobs for the region Thank you...

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Wanamaker Office Building’s New Amenity Center Construction Begins
News 1 week ago
Wanamaker Office Building’s New Amenity Center Construction Begins

PHILADELPHIA, PA—Rubenstein Partners and its partner Amerimar Enterprises are starting the second phase of modernization plans for the historic...

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These Retail Trends Won’t Make It Through 2019
News 1 week ago
These Retail Trends Won’t Make It Through 2019

The retail industry is rapidly evolving, and trends that were once mainstays have been dying out. This has manifested as major store closures in...

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Retailers Anticipate Strong Holiday Sales as Strategies Pay Off
News 1 week ago
Retailers Anticipate Strong Holiday Sales as Strategies Pay Off

Washington, DC —According to the National Retail Federation, retail sales are expected to rise between 4.3% and 4.8% this holiday season. With low...

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Select Retail Assets in Key Locations Find Favor
News 1 week ago
Select Retail Assets in Key Locations Find Favor

SAN FRANCISCO—Despite market concerns on a broader level for retail, select assets in leading locations are still displaying strong institutional...

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Who Are Retail’s Best Investors These Days?
News 1 week ago
Who Are Retail’s Best Investors These Days?

A first glance at year-to-date figures shows that retail is having a blockbuster year, with investment sales growth up 36.1% and transaction...

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IKEA’s Manhattan Store Demonstrates New Retail Strategy
News 1 week ago
IKEA’s Manhattan Store Demonstrates New Retail Strategy

In spring 2019, on the Upper East Side, the Swedish furniture company is launching its first Manhattan store, focusing on dense city centers. Thank...

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New Terminal Bests 1970s Facility in Size
News 1 week ago
New Terminal Bests 1970s Facility in Size

SEATTLE—Seattle-Tacoma International Airport continues to boast significant growth in the number of international airlines. In 2018, three new...

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Union Investment Sells Office Property in Minneapolis
News 1 week ago
Union Investment Sells Office Property in Minneapolis

MINNEAPOLIS, MN—Hamburg, Germany-based Union Investment has sold 950 Nicollet Mall / 50 South 10th Street, a 498,768 square-foot office property in...

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Anytime Fitness Plots Impressive Growth in Tennessee
News 1 week ago
Anytime Fitness Plots Impressive Growth in Tennessee

NASHVILLE, TN—National fitness franchise Anytime Fitness plans to open as many as 30 new locations throughout Tennessee in the next five years. The...

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AvalonBay Seeks Incentives for TOD Project in Harrison
News 1 week ago
AvalonBay Seeks Incentives for TOD Project in Harrison

WHITE PLAINS—The Westchester County Industrial Development Agency has granted preliminary and final approvals for more than $531 million in new...

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It’s Showtime for Redevelopment at the Apollo
News 1 week ago
It’s Showtime for Redevelopment at the Apollo

It’s Showtime for Redevelopment at the Apollo The Harlem theater embarks on its initial phase of creating the Apollo Performing Arts Center. Thank...

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Urstadt Biddle Increases NY Portfolio with Shopping Center Buy in Putnam County
News 1 week ago
Urstadt Biddle Increases NY Portfolio with Shopping Center Buy in Putnam County

SOUTHEAST, NY—Urstadt Biddle Properties of Greenwich, CT has acquired a grocery-anchored shopping center here for $12 million. The retail REIT has...

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Danny Meyer to Create New Restaurant at Manhattan West
News 1 week ago
Danny Meyer to Create New Restaurant at Manhattan West

Danny Meyer to Create New Restaurant at Manhattan West The Union Square Hospitality Group’s restaurant will serve as an anchor tenant at Brookfield...

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