When complete, this urban village will comprise 675,000 square feet of office and retail space.
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The City of Angels emerged as a top performer in investment activity, Yardi Research Data shows.
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Nareit’s Ed Pierzak says REITs have demonstrated resilience amid first-half uncertainty.
The developer broke ground in 2023, estimating construction costs at $500 million.
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A third-party logistics provider brings the developer’s industrial campus to full occupancy.
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The properties were fully leased at the time of sale.
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Over the past five quarters, volumes have considerably exceeded 2019 levels, a new Cushman & Wakefield report notes.
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More than 500,000 square feet of industrial space changed hands in two separate deals.
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CEO Justin Knight says REIT is focused on outperforming the industry, providing superior returns for investors.
Mesirow Financial issued the note.
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JLL brokered the land acquisition.
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Development doubled year-over-year, according to Yardi Research Data.
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The $35 million project calls for a mix of uses, including advanced manufacturing facilities.
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The new ownership will invest $1 million in cosmetic renovations.
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The project's delivery is estimated for next year.
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Boxer Property's Justin Segal on the value of integrating AI into daily work processes to allow employees to focus on human interactions.
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This marks the company’s first such deal in NYC since exiting bankruptcy last year.
The post WeWork Signs 60 KSF Lease in Lower Manhattan appeared first on Commercial Property Executive.
Self-storage REIT is investing in staff and technology to ensure proactive customer service.
See the latest details on how this metro is performing, according to Yardi Research Data.
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The net lease investor has $7.3 billion in assets under management.
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