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SOUTH BRUNSWICK, NJ—Two new leases and one sale involving 672,000 square feet of industrial space brokered by Cushman & Wakefield in central New Jersey underscore the continued strong demand for distribution facilities close to the New York metropolitan area, says Cushman & Wakefield's Chuck Fern, who led the team that brokered all three deals.
PHOENIX—While some at RealShare Phoenix Metro 2015 show slight concern about the area being overbuilt, all speakers on the investment panel still remain bullish about the area's future and say the region will be a major national player 20 years from now.
LOS ANGELES—The investor completes its value-add business plan on four multifamily assets bought during the downturn, noting that it is prime time in the market to sell.
LOS ANGELES—MWest's purchase of the 302-unit Emerald Terrace Apartments in Koreatown shows that it is still bullish on the east side multifamily market.
LOS ANGELES—While grocery has become the single-tenant safety tenant, Chris Sands and Daniel Hoogesteger say that checking the back debt is still important before jumping in to an investment in this <b>EXCLUSIVE</b> interview.
NEW YORK CITY—Don Andrews, former chief compliance officer and director of risk management at Bessemer Trust, has joined the Venable law firm as a partner in its New York City office.
OAKLAND, CA—Nearly 600,000 square feet was absorbed during the third quarter although some say the growth trend has been in the works for a period of time.
SIDNEY, NE—With the outdoor specialty retailer controlling about $1 billion in owned real estate, a potential sale would continue a run of M&A activity in the retail sector.
TULSA, OK—Hilti and Educational Development Corporation will continue local Tulsa presence through corporate campus sale and lease-back of office space.