Development

News

WP Carey to Invest in Food Build-to-Suit

Lisa Brown |

WP Carey Inc. has entered into an agreement with its existing tenant, Cuisine Solutions, to invest $75 million in a 290,000-square-foot build-to-suit food production facility in San Antonio.

UCLA Launches Affordable Housing Program

Kelsi Maree Borland |

With a growing need for affordable housing and affordable housing solutions in California, UCLA has launched a training program for the niche sector.

News

Simone Gets Perks for Montefiore Medical Project in Westchester

John Jordan |

Simone Healthcare, an affiliate of Simone Development Companies, plans to renovate the four-story 104 Corporate Park Drive office building in Harrison that will be fully leased to Montefiore Medical Center.

News

Amazon’s Reversal: CRE Insiders and Political Leaders Respond

Betsy Kim |

Several people called Amazon's turnaround on its Long Island City, Queens HQ2 “a sad day” but some recognize deals often require buy-in from people with different views.

News

GE Scales Back Heralded Boston Headquarters Project

John Jordan |

The agreement also calls for GE to reimburse MassDevelopment $87 million, which include the purchase the two brick buildings and land as well as construction and other financing costs.

News

Duke Acquires LV Market's Wind Gap Logistics Center from Petrucci and Davis

Steve Lubetkin |

The facility is close to PA Route 33, I-78, and I-80, the main highways to the ports of New York/New Jersey and the MSAs of New York and Philadelphia.

News

Duke Starting 662K SF Spec Bulk Warehouse in Newark, NJ

Steve Lubetkin |

The 661,741-square-foot building, to be delivered in Newark before year-end, will provide modern bulk warehouse space with superior proximity, accessibility, flexibility and visibility.

Event

Value-Add MF, Workforce Housing Attractive, Says Dealmaking Panel

Steve Lubetkin |

Amanuel Mekonen, left, of Greystone & Co. sees investment money coming to Philadelphia from New York, while Christophe Terlizzi of KeyBank says the bank likes value-add multifamily projects.

Exclusive

Updated Healthcare Sites Mean Better Access, Treatment

Lisa Brown |

Part of this success rate may be attributed to bringing more healthcare services to where people live and work, in addition to cost cutting, says John Pollock, CEO of Meridian in this EXCLUSIVE.

Features

Southpark Commerce Center Serves Pent-Up Industrial Demand

Lisa Brown |

The industrial property totals 350,171 square feet and was purchased by Hillwood in an acquisition that is consistent with its strategy to acquire high-quality industrial assets in major US markets.