Northeast

The deal has increased the REIT's equity market capitalization to approximately $11 billion.

CEO Bob Sulentic says CBRE has received significant interest from building owners that want to deliver flexible space offerings.

The developer is planning a six-story building near Manhattan's East Side "Hospital Row."

“This sale represented a rare opportunity to purchase a new single-tenant, triple-net Walmart with stable income stream with increases,” says Ed Hanley of Hanley Investment Group.

In central Pennsylvania's I-78/I-81 corridor, the 2018 vacancy rate has been about 6.1%, and net absorption is nearly 12.5 million square feet, according to Mike Hess, SIOR, of CBRE, who chaired the panel on the state of the submarkets.

Walters has directed CBRE's Philadelphia area operations since 1984 and earned CBRE's Chairman's Excellence Award twice.

Square Mile Capital invests in the 43-story Long Island City multifamily development.

With the latest three tenants, the 1.6 million square foot office tower is entirely leased.