Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
MiSUMi USA plans to take occupancy of its new space in June of this year. The firm is relocating from 1717 Penny Lane in Schaumburg, where it currently leases 32,000 square feet.
Construction of 120 Frontage Road is expected to be completed later this year. The new warehouse will offer a 36-foot clear ceiling height, 19 loading dock doors, one drive-in door and 46 parking spaces.
The acquisition includes Bloomfield Business Park, which consists of 16 multi-tenant warehouse/flex buildings and five multi-tenant buildings along Commerce Lane in the Commerce Lane Business Park.
Fortress Investment Group, a real estate investment firm, has brought the loan on 125 Greenwich Street in the Financial District for approximately $230 million from BH3, a South Florida and New York City-based real estate investment management firm.
The $165.5 million purchase price is a high number because Park Tower is one of the larger towers in downtown, but on a price per square basis, it was actually lower than the last class-A building sold, 400 Capital Mall.
The name change to Cascade Yard corresponds with the opening of The Yard, the project's new 3,700-square-foot amenity center with indoor/outdoor seating, fitness center, training/conference facilities and cafe.