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RFR Realty has retained Jones Lang LaSalle to lead leasing efforts for the 272,628 square feet of space at the base of the Seagram Building at 375 Park Ave. in Midtown Manhattan.
More than 22 million people in the US live in manufactured homes as these homes are the least expensive kind of housing available without a government subsidy.
Boston-based Plymouth Industrial REIT has acquired 1717 West Harvester Road, a 465,940-square-foot industrial facility in West Chicago from a large institutional investor.
The governor's budget supports more than $1.26 billion in direct property tax relief, which includes $276 million for the Homestead Benefit, as well as an increased property tax deduction cap and expanded Senior Freeze eligibility that the governor and legislature enacted in their previous budgets.
The property is 93% leased to 34 tenants, including Regal Cinemas, Hobby Lobby, Marshalls, Ross Dress for Less and Big Lots, which serve as anchor tenants.
Landsea Homes' rapid sales are a response to Northern California's high demand for quality housing with a desired price point in this growth area of the state.