Globest Sectors

In its fourth quarter 2019 industrial market report for New Jersey, Transwestern reports that the big box bubble is showing no sign of bursting as new construction continues to lease up quickly.

The building at 2000 Bishops Gate was constructed in 1988 and renovated in 2019. The Endurance-Thackeray Partners venture acquired the complex in 2017.

Driverless forklifts and inventory robots are paving the way in warehouse robotics.

Apartment rents in Los Angeles have remained flat but prices still trend well above the national average.

The investor sold the iconic office asset for $212 million after a substantial renovation.

With final regulations released last month, investors finally have clarity on a host of issues, and some of the new rules and expansions will make investment, development and operation of QOZ projects more attractive.

Industrial is suffering from a supply shortage, but in the small-box segment of the market, there is a better supply-demand balance.

ViacomCBS could make a move to sell its CBS Broadcast Center at 524 W57th St. on Manhattan's west side and potentially has plans to downsize its workforce into Viacom-occupied properties, sources tell GlobeSt.com.