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NEWARK, NJ—The sale includes the sixth through the 22nd floors of One Newark Center, totaling 423,028 square feet. The first five floors are owned and occupied by Seton Hall Law School. The offering also includes a 10-story, 945-space parking structure that is physically connected to the office tower.
NEW YORK CITY—HFZ Capital has begun construction on the luxury mixed-use project that will feature two towers of 300 feet and 400 feet in height, 240 luxury residences and a 137-key flagship North American location of Bangkok-based Six Senses Hotels Resorts Spas.
INDIO, CA—Indio is one of the most populous cities in the Coachella Valley, and there is an increasing amount of activity in the area because of growing festival activity, the Mogharebi Group's Alex Mogharebi tells GlobeSt.com.
LOS ANGELES—Last year, office demand in Downtown Los Angeles tempered, pushing landlords to offer average concessions of $100 per square foot for office leases.
IRVINE, CA—The market needs larger, three- and four-bedroom units to accommodate families, creating a unique opportunity for investors to capitalize on this demand with larger floor plans and multiple bedrooms, Avanath's John Williams tells GlobeSt.com.
SANTA CLARA, CA—From local bikeways to RideMatch, a new project is located between the Lawrence and Santa Clara Caltrain stations and a half-block from the proposed VTA Bus Rapid Transit Bowers station, along with access to numerous freeways.
NEW YORK CITY—Lenders with higher concentrations of commercial real estate loans may be at risk of downgrades if sector performance worsens, says S&P Global Ratings.
LONG BEACH, CA—Executives from port authorities around the country will tout their port's attributes to potential developers and tenants at an interactive conference session, Brett Mascaro tells GlobeSt.com.