Northeast

Nearly 40% of the office deals with a coworking component achieved values greater than the average for their market, a CBRE study found.

“This is a stabilized office investment property with zero vacancy, occupied by strong credit tenants with long-term leases,” says John Abuja, IPA senior director.

“Although the financial markets were highly unpredictable, commercial real estate performed the way it has for most of the past several years – with steady growth supported by strong fundamentals,” says Jason Wolf, founder and managing principal of WCRE.

The acquisition continues "our strategy to acquire and hold high-demand industrial properties in the region,” says Peter Corcoran, vice president of leasing and development for Liberty's New Jersey office.

The developer is transforming a former office building in Downtown Manhattan to a residential property of studios and one-bedrooms to attract millennials and Gen Z.

The British publication, The Week magazine, along with a communications consulting firm signed leases with Marx Realty in the Midtown Grand Central submarket at 155 E. 44th St.

One real estate legal expert says with this largest-ever real estate fund and the private equity group's wide range of expertise, everything is fair game.

Extell founder Gary Barnett has appointed Sush Torgalkar as the real estate development and investment firm's CEO and president.