Northeast

Flexible space grows in Brooklyn as Cornell Realty leases a former industrial building from Metropolitan 75 Realty.

Hayden was a legendary figure in the industry for his charismatic storytelling ability, his proudly old-school work ethic and values, his generous mentorship and wise advice to the countless young people who sought it, and his bottomless loyalty to family and friends.

Since announcing its renovation plans for the 42-story, 1.2-million-square-foot office tower last year, Fisher Brothers has now secured approximately 230,000 square feet of new leases and renewals at the Plaza District tower.

Launched in the summer of 2016, Realla is a free-to-list search engine for commercial property. It displays the largest public index of available commercial real estate in the UK.

Scape USA is targeting 20,000 beds nationwide and is prepared to invest $1 billion in Boston over the next five years.

The new platform— Logistics Property Company, LLC— has partnered with Macquarie Capital Real Estate Investments on the formation of the platform. LPC seeks to grow its business to more than $5 billion of properties under management over the next five years.

There are many potential triggers for the next recession according to Yardi Matrix' Paul Fiorilla.

"Retail assets offer competitive risk-adjusted returns in today's commercial real estate climate, and more capital is entering the space," says HFF's Chris Munley.