Executive Vice President Matt Burnett represented the seller and President Ed Hanley assisted the buyer, The Krausz Cos.
Engineering firm AmePower will take more than 44,000 square feet at the facility in Medley.
Christopher Papa will be based in the company’s Oak Brook, Ill., corporate headquarters.
The tenant will occupy the first phase of Port Everglades International Logistics Center in its entirety.
A new owner has emerged for the Florida Crossroads Logistics Center, a 617,000-square-foot property formerly owned by Redrock Developments and Wharton Industrial.
A private investor purchased the vacant facility in Brownsville and revealed plans for its repositioning.
PGIM Real Estate provided the 15-year financing to Jack Resnick & Sons and its joint venture partner, The Ruben Cos.
Since the onset of the pandemic, the market has consistently outperformed the U.S. average.
Coworking coming together. Student housing hopeful. Has the great real estate reset begun? These are the trends that shaped coronavirus coverage this week.
"We need to learn how to live with risks," said EastBanc Principal Philippe Lanier, a retail landlord in Washington, D.C.’s Georgetown neighborhood. Tune in to find out his expectations for this summer’s shopping season and why the longer-term picture is quite positive, despite consumers’ currently cautious mood.
The ranking showcases the five markets with the highest number of multifamily units under construction that broke ground in 2020.
According to Yardi Matrix, more than 9 million square feet of office space was in the pipeline as of June, with two large projects breaking ground during the shutdown.
Made of acrylic blocks secured to a metal base, the new product from Hy-Lite provides for distancing and privacy.
More than 44 million square feet of storage space was planned or underway in secondary markets as of May. CPE identified the top-performing markets based on the new-supply pipeline as a percentage of existing stock.
Andrew McDonald is taking over from Shawn Mobley, who served as chief executive officer since 2017.
Valued at $3.5 billion, the new strategic partnership will both boost Vantage’s ability to expand its portfolio and help accelerate Colony’s reorientation toward digital infrastructure.
The real estate development company purchased the corporate headquarters of GCP Allied Technologies in a sale-leaseback transaction.
Sunstone Hotel Investors reportedly agreed to lower the price of the 622-key waterfront property in response to the pandemic.
Amazon is one of two tenants at the newly delivered last-mile industrial property in Springfield.
The metro's average rate inched up 40 basis points in three months, while the U.S. figure contracted.