Northeast

Cushman & Wakefield has hired Michael Movshovich, formerly of CBRE, as executive managing director to lead its new Alternative Investment Advisory Group in New York, a division managing leasing and operations for clients that include hedge funds and private equity firms.

NETL, a net lease REIT ETF, is just getting started as they raise awareness about their strategy and the net lease sector, which is slated for significant growth as more and more real estate properties come online, and interest from investors seeking to deploy capital heightens.

Locally-based John Buck is reportedly in contract to sell the former CNA Center to a partnership of SHVO, Deutsche Finance and BLG Capital.

In December, the online retailer did away with Amazon Fresh's monthly service fee and introduced new delivery window options for Prime members.

Capital providers see the GSEs reevaluating risk on the path to privatization.

In its fourth quarter 2019 industrial market report for New Jersey, Transwestern reports that the big box bubble is showing no sign of bursting as new construction continues to lease up quickly.

The building at 2000 Bishops Gate was constructed in 1988 and renovated in 2019. The Endurance-Thackeray Partners venture acquired the complex in 2017.

Driverless forklifts and inventory robots are paving the way in warehouse robotics.