Globest Sectors

An increasing number of people want to live in urban neighborhoods, and former industrial sites can supply the necessary land.

Avenue has been recognized by ULI for two affordable communities in its development portfolio–Avenue Place, a 95-unit single-family subdivision, and Avenue Terrace, a 192-unit multifamily complex.

Flexible space grows in Brooklyn as Cornell Realty leases a former industrial building from Metropolitan 75 Realty.

Liberty Property Trust sells a five-property 806,000-square-foot portfolio in Phoenix for $255 million.

Since announcing its renovation plans for the 42-story, 1.2-million-square-foot office tower last year, Fisher Brothers has now secured approximately 230,000 square feet of new leases and renewals at the Plaza District tower.

The 350,000-square-foot multi-tenanted building is located on a 50-acre park-like setting within University Research Park. The seller of the property was a partnership between affiliates of Atlantic Creek Real Estate Partners, Origin Investments, and Stream Realty Partners.

San Francisco-based Rentlytics provides owners and operators with normalized data across multiple third-party systems, resolving system incompatibility, data accuracy issues and time-to-analysis delays. The deal will add approximately 200,000 new units of real time data to RealPage's data analytics platform.

Launched in the summer of 2016, Realla is a free-to-list search engine for commercial property. It displays the largest public index of available commercial real estate in the UK.