The 282,542-square-foot asset in Merrifield, VA recently underwent $7 million in capital improvements.

PBV Logistics Center purchased the multi-building center in a 1031 exchange following its disposition last month of a 526,320-square-foot industrial property in Winston-Salem, NC.

Silverback Development, a New York-based real estate owner, developer and investor, is slated to welcome its first tenants to move into its luxury condominium at 24-16 Queens Plaza South, in Long Island City. The property, dubbed the HERO LIC, features 109 luxury condominiums with views of Manhattan.

It is a mistake to approach a landlord opportunistically with a rote form letter, says Vestian Chairman Michael Silver.