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“Our decision to heavily invest in the renovation of Capital Logistics Center over the past several years was validated with this sale,” says Eric Witmondt, principal of Woodmont Industrial Partners.
Alan Tippie of SulmeyerKupetz gives brokers advice on representing a client undergoing liquidation, from being employed by the bankruptcy court to features unique to bankruptcy sales.
IRVINE, CA—Many firms have become increasing global and team members and clients more and more geographically dispersed, which presents freedom and mobility as well as challenges, Ware Malcomb's Ruth Brajevich tells GlobeSt.com.
Totaling 504,000 square feet, the warehouse and manufacturing facilities form the seed assets of Investcorp's UK industrial and logistics program, which will focus on single-tenant properties.
Compared to other asset classes, real estate fundraising has remained broadly level as "fund managers and investors seem to be taking a less bullish attitude," says Andrew Moylan at Preqin.
The Dallas market has welcomed a number of corporate relocations in recent years, driven by relatively low living and business costs, as well as strong access to talented labor, walkability and amenities.
Houston's multifamily market is poised for a recovery in the near term with apartment absorption expected to exceed 28,000 units in 2017, occupancy expected to trend upward and rents recovering.
Strip malls with nail salons, dry cleaners and other non-credit tenants are becoming top picks for retail investors looking for internet resistant properties.