The transaction was executed at an approximate 7.86% initial capitalization rate with rents of $34.2 million and a weighted average remaining lease term of 8.7 years.

Running up to the year-end, many retail investors are thinking about gleaning insights to optimize their store counts and address logistical challenges for an omni-channel retail platform.

PGIM Real Estate Finance arranged the $150 million refinancing for Greenwich Plaza, a two-building office complex located in the central business district of Greenwich, Connecticut.

Despite only a slight uptick in online shopping, 38.1 percent of consumers still plan to buy from Amazon.