Globest Sectors

Warren Buffett, the legendary investor, came to the region yesterday to make the big announcement.

The population boom is driving demand for industrial users as well as continued efforts to connect distribution processes and hubs, creating ideal conditions for the industrial market to thrive, says AY.

The PMRG merger with Madison Marquette immediately doubles its size, and expands the asset focus and capabilities in all primary gateway markets, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

The price of a 2-bedroom apartment has increased 1.9%, making for five consecutive months of rent growth.

The $66 million purchase marks Elion's first real estate transaction in New York City.

The deal, reported by brokerage firm Marcus &amp; Millichap, involves 18 retail properties and one vacant lot. The portfolio totals 106,708 square feet of rentable retail space and 493,679 buildable square feet.

The joint venture reports it has acquired the approximately 38-acre development site in two separate transactions valued at a combined $37.97 million.

This acquisition will grow the REIT's portfolio by 30%, according to CEO William C. Trimble III.