Globest Sectors

The off-market sale of The Bravern produced strong interest from both domestic and foreign capital; however, the most competitive bidders at the latter stages of the marketing process were all foreign capital sources.

As returns increase in proportion to more online shopping, e-tailers are searching for solutions.

Following the sale of Riata, the venture's Austin portfolio includes 7700 Parmer, a four-building nearly 1 million-square-foot office campus located a short distance from the $1 billion 133-acre Apple facility underway.

Restaurants, which in many ways have become the new retail anchor, are beginning to integrate more technology as competition heats up.

Long Island City was marked X on the treasure map. Then Amazon pulled out, leaving the CRE industry to wonder what's next? Short answer: Big corporate leases and an $880 million recapitalization at One Court Square.

In New Jersey, the arranged sales involving 3,683 units with a sales value in excess of $606.8 million in 2019. In the Greater Philadelphia metro region, Gebroe-Hammer Associates orchestrated more than $455 million in sales totaling more than 4,265 units last year.

Newmark Knight Frank Multifamily reports it arranged more than $61 million in financing in connection with the purchase of the property that was completed in 2000 and is located adjacent to Route 59 Metro Station.

The nearly 400,000 square foot office is owned by JBG Smith.