Industrial

The first new speculative industrial development in Richardson, Parc NorthEast, provides an alternative option for new and existing tenants seeking space not available for nearly 20 years.

The unnamed Asian investor will contribute approximately $108 million for a 39% equity interest in the joint venture and ILPT will own the remaining 61% equity interest in the joint venture.

A report released by CBRE found that the vacancy rate for the Central and Northern New Jersey market for the 6.3 million square feet of new construction last year, stood at just 22.2% at the end of 2019.

Use of the popular baseball analogy 'what inning are we in?' to gauge how much time is left in the real estate cycle is heard less frequently as the Portland market just keeps going, says Cushman & Wakefield's Jim Lewis.

Office could actually surpass industrial investment sales volume this year in Los Angeles.

Zoning compliance reports are a critical component of commercial real estate due diligence. While the costlier, on-site assessments like environmental…

Commercial brokerage firm ACO Commercial, which brokered the sale on behalf of a private investor group, reports that the 2.8-acre parcel that traded takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Co.

There were many moving parts and various players that led up to Amazon's decision.