Globest Sectors

More large companies across virtually all industries will likely relocate to the area, perhaps several more from the Fortune 500, says John Griggs, co-founder and Co-CEO of Presidium.

Ian Formigle, vice president of investments with CrowdStreet, recently shared his observations and predictions for commercial and multifamily real estate markets heading into 2020.

Skyhouse Downtown is part of CBRE's strategy to acquire properties within a target US multifamily market in a program that identifies metros that are expected to achieve long-term resilient real estate performance.

MG Properties Group acquired two multifamily communities, the Pallas Apartments in Beaverton, OR and the Tivalli Apartments in Lynnwood, WA, for a combined total of more than $305 million.

Innovo Property Group has acquired 511 Barry St., a 140,000-square-foot warehouse in the Hunts Point neighborhood of the Bronx for $54 million.

With cap average cap rates falling between 5.6% to 6.9%, investors can acquire high credit tenants at a relatively higher yield.

With so much volatility in the retail market, investors are carefully analyzing potential opportunities.

The portfolio traded for $25.3 million and the going in cap rate was just under 5%.