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While transaction volumes may fluctuate heavily in these product types, a strong flow of capital is pouring into the net-lease space, especially through 1031 exchanges, say Stephen Schrenk and Marc Mandel of HFF.
The New York City-based company, which has grown since its founding in 2013 to have more than 60 locations in 35 cities, signed a lease with Parkway Property Investments at the 30-story, 539,000-square-foot office tower.
Sussex County in general, and Newton in particular are emerging as a suburban bedroom community choice for out-commuters, says Gebroe-Hammer's Stephen Tragash.
The light industrial assets added to Colony's portfolio total approximately 7.7 million square feet in 48 buildings in nine markets. The properties are located across the US in Northern and Southern California, the State of Washington, Oregon, Nevada, Illinois and Pennsylvania.