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“CIG has traditionally focused on residential assets and has recently expanded its' investment criteria to include office properties,” says Gershon Alexander, principal of PAG Investments. “This acquisition will mark a foray into the office sector.”
The San Diego-based firm plans to occupy a total of 30,783 square feet encompassing the entire second and third floors of the 38-story tower building in the latter part of the first quarter of 2020.
Equus Capital Partners also announced on Thursday that an affiliate acquired a four-building office portfolio totaling 299,614 square-feet in Aurora and Denver, CO.
Construction continues on The Fashion District Philadelphia, a joint venture partnership between PREIT and Macerich, which announced more than two dozen new lease deals at the property.
400 Summer St. is a 16-story laboratory building that is part of WS Development's 23-acre Boston Seaport development that is designed by Morris Adjmi Architects of New York City in collaboration with the Boston office of Stantec.
KKR and Banyan Street Capital are planning an additional $5 million in capital improvements that they state will address enhancements to the fitness center, retail concourse, outdoor plaza and tenant elevator landings and corridors.
The purchaser was a California-based family office with extensive experience acquiring and managing trophy quality, grocery anchored shopping centers throughout the United States, Pegasus Investments states.
The Gladwyne, PA-based firm has purchased the Fox Chase Apartments, at 7922-36 Barnes St. and the Arendell Avenue Apartments, located at 4308 Arendell Ave. in Northeast Philadelphia, according to Rittenhouse Realty Advisors, which brokered the transaction.
The Loketch Group will complete a like-kind exchange with the proceeds of the sale primarily with development opportunities in Brooklyn.
Strong tenant demand has also caused rents to rise, with the overall average rent higher by 7.8% year-over-year, including 10 submarkets that record rent increases of more than 10% during that period.
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Most multifamily operators require renters insurance. Yet even with policies in place, coverage gaps still happen. Policies lapse. Coverage falls short. And too often, those gaps aren?t discovered until after a loss. This guide provides a practical framework to help you identify compliance blind spots, reduce exposure, and evaluate solutions that truly protect your portfolio.
Download ResourceGreen Street
From Green Street
The 2026-27 leasing cycle saw moderating rent growth and the softest pre-leasing finish in years. Download our annual report for a data-driven review of national, regional, and property-level performance trends shaping the market.
Download ResourceGreen Street
From Green Street
Fueled by AI, the global data center market is booming. This summary, generated in seconds with the Green Street MCP Server, covers U.S. and European market forecasts, recent sales comps, development activity, and key REIT analysis.
Download ResourceGreen Street
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Stop wrestling with manual data. Connect your ChatGPT, Claude, or other AI tool of choice to Green Street's MCP Server, and turn one property address into a full valuation, sales comps, market intelligence, and news in seconds.
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The extend-and-pretend era for commercial real estate is over. With interest rates high, borrowers face new challenges. This white paper explores the lending market reset and how to navigate maturing debt through restructuring.
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Download ResourcePlacer.ai
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The 2026 World Cup brought high expectations for a summer boom. This report from Placer.ai and Colliers uses foot traffic data to reveal a more nuanced picture of where economic value was actually created for retailers, restaurants, and property owners.
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As smart home devices become standard, renters increasingly expect tech support. This guide reveals key data on renter expectations and shows how offering tech support can reduce maintenance burdens and give your property a competitive edge.
Download ResourceAssurant
From Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceAssurant
From Assurant
With new units flooding the multifamily market, competition is fierce. Traditional concessions are not enough. This guide outlines modern strategies to reduce move-in friction and prioritize high-value amenities that drive long-term retention.
Download ResourcePlacer.ai
From Placer.ai
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Download ResourceAssurant
From Assurant
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Download ResourcePlacer.ai
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Download ResourcePlacer.ai
From Placer.ai
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Download ResourcePlacer.ai
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Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource