Globest Sectors

GlobeSt.com exclusively learns that a 6,872 SF, Midtown office and retail property has sold in a $6 million transaction.

A new report from CBRE shows that disruptions to the supply chain caused by the pandemic will create demand for up to 500 million square feet of industrial space.

If Phase 2 is expedited, according to one expert, then you'll see an impactful change, but if not, it could end up hurting the economy even further.

With monthly leasing activity in the Big Apple having increased while seeing lower leasing volume year-over-year, the latest Colliers International Manhattan Monthly Snapshot for May 2020 is decidedly mixed.

"Looking ahead, most management teams expressed guarded optimism" about the economic and operating outlook as the economy re-opens slowly and the COVID-19 pandemic eases to some extent, Mizuho reported.

Zeros can be attractive to several investor types, though the largest pool of zero buyers are those with a 1031 exchange need.

Before completing a sale/leaseback, a company needs to evaluate the asset and decide where it will allocate the proceeds.

No tenant's office set-up or safety standards that existed prior to the COVID-19 pandemic will be sufficient.