Globest Sectors

Commercial Cafe looked at both class-A and class-B solutions with a baseline of $5,000 a month, and the corresponding amount of space that rental fee encapsulates, to uncover which cities provide the best bang for the buck.

Dallas-Fort Worth boasts the fourth biggest increase in Baby Boomer renters in the country at 46% versus 10% growth in millennial renters, with both rates well above the national growth.

With the once-dreaded wave of CMBS maturities nearly done with, “decreases in the overall reading should continue for the next few months,” says Manus Clancy at Trepp.

In the month of September of this year, there were 4,833 single-family home sale transactions, a 5.8% decline from the 5,186 posted a year earlier. The median single-family home price in Massachusetts was $380,000, up 8% from a year earlier when the median sale price was $352,000.

Retail owners are committing to daily needs and experiential retail, but new research from UCLA shows that ecommerce is on track to take a major share of retail spending.

UIP is the buyer of the mid-rise apartment building and Capital One financed the acquisition.

A roundup of recent deals, leases, executive moves, and other news from the past week.

SL Green and PGIM obtain a loan to finance leasing costs and capital improvements at Tower 46.