News

The slow rollout of rental assistance has been a source of frustration for both renters and landlords whose tenants are in arrears.

Kenco Logistics signed the lease at Perris Gateway Commerce Center to serve as a multi-distribution center.

"We spent the last year expanding our delivery-only concepts and closed out 2020 with close to 200 digital kitchens, 15 brands, 1,200 employees and 1.1 million meals served."

The ASCM Foundation, as part of the global Prologis Community Workforce Initiative, will develop the certificate, which is expected to launch in the third calendar quarter of 2021.

The sale follows a series of upgrades KBS made to the two-building complex.

Plans include turning Herald Square & Broadway Plaza into a car-free urban space with connections to public transportation and improvements to the Herald Square Subway Station.

With the purchase of the Staybridge Suites Cathedral City Palm Springs, the hotel operator expands into California.

Blackfin Real Estate Investors and a fund managed by Clarion Partners LLC have purchased a recently-updated, 444-unit apartment community in Manassas, VA.