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33 Logistics Park 1620 will be Duke's third in 33 Logistics Park, adjacent to 1611 and another 1.1 million-square-foot, fully leased bulk warehouse the company delivered in 2016.
However, investment sales dollar volume and deal velocity in the multifamily sector have fallen by about 20% over the past year, says Marcus & Millichap.
Commercial redevelopment opportunities on prime waterfront land in the Bay Area are rare, but nearly 2 acres is available for a private sector development partner to redevelop the historic Machine Shop site.
"If the federal government forgave the debt currently owed and allowed the NFIP to operate more like a private insurance company, it would then have the opportunity to succeed in what it was designed to do."
Perhaps the cream of the DFW retail crop is Highland Park Village, home to more than 250,000 square feet of designer stores and restaurants in upscale Highland Park, prompting a long-term refinance by its owners.
The developer is bullish on San Antonio because of its diverse economy that signals growth and innovation, and it includes the headquarters of two Fortune 500 and seven Fortune 1000 companies.
The agreement to acquire a two-million-square-foot industrial portfolio comes a week after the net lease REIT announced two other big-ticket purchases.