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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
A Marcus & Millichap retail specialist is observing many of his clients selling assets to invest in triple net properties like 7-11 and Wawa convenience stores.
"Liberty has successfully executed on our strategy to reallocate capital from office to our growing industrial business," says Mike Hagan, Liberty's chief investment officer.
The New York City-based firm that specializes in corporate sale-leasebacks, built to suits and purchases of single-tenant net lease properties, reports today that it has made approximately $119 million in new acquisitions/investments.
JBG Investment Fund IX, L.L.C. reports it has entered a 50/50 co-development partnership with Berwyn, PA-based LCOR for the Eckington Yards project located in Northeast Washington, DC.