Globest Sectors

Some renters are moving farther from their work to more-affordable locations or Orange County-adjacent markets where the rent discrepancy is significant, CBRE's John Montakab tells GlobeSt.com.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Long-term, the spin-off from Caesars Entertainment Operating Co. will look at diversifying beyond gaming, “but we're going to do so using very strictly self-imposed criteria,” VICI Properties CEO Ed Pitoniak tells GlobeSt.com.

New York Life and Finland's Ilmarinen intend to assemble a $1.2-billion portfolio of core and core-plus office properties in the next few years.

The city's real estate sector will be a major contributor to helping the city reduce greenhouse gases. The mayor's proposal calls for significant building energy performance upgrades as well as deep energy retrofits in city-owned buildings.

Landlords of new, vacant product are becoming increasingly more aggressive with their terms, JLL says in its report.

San Francisco-based PCCP has just formed a joint venture with TriStar Properties for the development of another class A logistics facility at the Gateway Commerce Center in Edwardsville, IL.

The latest deals, transactions and trends in the Midwest region.