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The sector achieved nearly 1 million square feet of growth between July and December of last year, with countywide vacancy reaching below 5% by year's end, according to Cushman & Wakefield.
Vista Investment Group acquires a 314,000-square-foot office campus for $113 million in a sale that represents one of the largest real estate transactions in Silicon Valley in the past 12 months.
“A new fulfillment center in Staten Island will help us meet the home furnishing needs of our customers in the New York metropolitan area,” says Ikea's Lars Petersson.
A new CBRE report finds oil producers are adapting to the new landscape by restructuring to focus on onshore operations, increasing rig and operator efficiency and exploring alternative energy sources.
The Big House design—eliminating standard multifamily features such as common spaces and shared breezeways—allows each unit direct entry to its own garage, private stairs, patios and balconies.
Westcore Properties executes a multi-level value-add strategy at 999 W. Town and Country Rd. here that involves entitling and selling a parking lot for apartment development, renewing an office lease and building a dedicated parking structure.