Globest Sectors

The Transamerica Pyramid has reportedly sold to a New York developer for $700 million, the first time since its construction, according to Bloomberg.

The retail asset was acquired by ALTO's Fund 3 for nearly $38 million.

The landmark 275-room hotel is located in the heart of Miami Beach's art deco district.

Ayers is an office specialist with more than 25 years of experience in Tampa Bay.

Cross Roads Plaza is anchored by a 70,818-square-foot ShopRite, which makes-up 71% of the property's gross leasing area and 58% of the gross income. The grocer's lease term runs through 2024.

The deal, if finalized, would give C&W a foothold across 20 key U.S. multifamily markets.

The adoption of 5G in the commercial real estate sector has proved more challenging than expected for developers, landlords and building owners constructing or enhancing the digital infrastructures of their properties.

As investors look for defensive assets, multifamily could garner a lot of attention.