Southeast

Housing shortages have turned commercial real estate investor attention to the single-family residential rental sector. 

The deal announced today calls for Hudson's Bay Co. to receive $ $75 million in cash upon the transaction's closing and a secured promissory note for $25 million payable in cash after two years.

A Capital One survey found that urban professionals have higher expectations that employers will provide resources to support mental health and well-being, which includes thoughtful office design.

While there is a push to adopt new technologies, some veteran brokers are saying no to real estate technology.

Freehold will lease the properties to Curaleaf pursuant to a long-term, triple-net lease. The company also has the right of first offer to purchase additional properties from Curaleaf as its preferred real estate partner.

The purchase of the three-building property highlights the healthy appetite among institutional investors for South Florida industrial product.

The REIT has committed to $3.4 billion in acquisitions for the year.

Element Critical's Northern Virginia facility at 7990 Quantum Drive was built in 1978 and acquired by Safanad Industry Capital Internet Infrastructure, L.P. in 2016 from The Meridian Group.