Globest Sectors

With this 20,000 square-foot lease, Fisher Brothers has rented over 260,000 square feet in the Class-A Midtown East Tower.

Los Angeles has seen huge investment from Asia both in the commercial and single-family markets, but the buyer pool isn't absent from the DTLA condo market.

In another deal announced today, Forest City Realty Trust and Greenland USA have completed the previously reported restructuring of the joint venture that is developing Pacific Park Brooklyn.

The deal for the 173,661-square-foot office park calculated out to approximately $200-per-square-foot.

While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.

HFF secured $104 million in acquisition financing for the two-building complex.

The REIT is also forming a joint venture with the newly-formed Pegasus Senior Living.

Even if the economy stalls, and the unemployment rate rises again, there will be no slowdown for e-commerce.