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MIAMI-The 200 residential condos in the 50-story mixed-use development will deliver by year end, with the 10,000-sf Clinique la Prairie spa and 30,000 sf of commercial space scheduled for operation in second quarter next year.
CHAMBERSBURG, PA-The Pittsburgh-based redistributor of food and restaurant products establishes its primary facility for the Northeastern US in a ProLogis property in Chambers-5 Business Park. Average asking rent rates are approximately $4 per sf.
FORT WASHINGTON, PA-An affiliate of Baltimore-based Avir Corp picks up the 80%-leased office building at 1300 Virginia Dr. According to a confidential source, the price was approximately $13 million.
CORAL SPRINGS, FL-The optical supplier pays Rreef $7.5 million for the building at 12301 NW 39th St., which is currently fully leased. ABB will collect rent until it relocates from Fort Lauderdale in 2007.
BOCA RATON, FL-As multifamily investors migrate north of Miami-Dade, competition for rental assets intensifies. A GlobeSt.com source says the deal was probably done for more than $200 million; and a multifamily expert puts it at about $363 million.
HORSHAM, PA-A joint venture between Benchmark and Kuwait Finance House refinances a loan on the assisted living facilities. Proceeds are being used to pay off existing debt, fund capital expenditures and future acquisitions and return capital.
HORSHAM, PA-A joint venture between Benchmark and Kuwait Finance House refinances a loan on the assisted living facilities. Proceeds are being used to pay off existing debt, fund capital expenditures and future acquisitions and return capital.
BLUE BELL, PA-Following its acquisition of an accounting firm, the tenant renews its existing lease for 15,900 sf and adds another 11,600 sf. The deal takes occupancy in the 70,000-sf building to 80%.
MIAMI BEACH-The dozen new member-properties in the Boutique Hotels & Resorts International portfolio of 62 hotels in 20 countries reach from Panama and St. Tropez to Azerbaijan, Cambodia, Thailand and South Africa.
PHILADELPHIA-The underwriters of a public offering of six million shares have the option of obtaining an additional 900,000 shares to cover over-allotments. As the offering began, Hersha stock was trading $9.35 a share.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom 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 ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom 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 ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource