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BLOOMFIELD, NJ—The New Jersey based and family-owned organization hopes The Green at Bloomfield will be a key component of Bloomfield's emergence as one of New Jersey's sought-after transit-oriented locales.
NEW BRAUNFELS, TX—Speculative industrial is recording rising rents amid shrinking inventories, although construction pipelines have surged in a number of markets, all of which have attracted strong investor demand.
HOUSTON—Western submarkets are feeling the pangs of supply-side pressure as thousands of units have been added to inventory at a time of slowed hiring in the Energy Corridor, says Marcus & Millichap.
DALLAS—Clarion Partners recently acquired One Victory Park, a 17-story 436,253-square-foot class-A office building located in the thriving Uptown submarket with a rich mix of live/work/play amenities.
TEMPE, AZ— Western Wealth Capital now owns 23 properties and 3,834 units in the Metro, as the third largest multifamily property owner in Phoenix in terms of number of properties, according to Yardi Matrix.
NEW YORK CITY—The firm has hired an industry veteran of 30 years who joins the firm after stints with Situs, Deloitte and other companies bearing household names in the field.
HOUSTON—Mattress Firm, which acquired rival bedding retailer Sleepy's earlier this year, operates more than 3,500 stores and 75 distribution centers across the US.
The recent spate of store closings and rent reductions due to retailer bankruptcies is likely to pressure operating metrics, says one firm in a recent retail REIT report.
LOS ANGELES—Los Angeles' stock of two-to-four unit multifamily properties with a value upside is attracting new investors to the market, GlobeSt.com reports in this EXCLUSIVE story.