Industrial

The properties sold include retail stores, a distribution facility and office space. Bed Bath & Beyond will continue to occupy these properties pursuant to long-term leases.

The sporting goods retailer will house its logistics and distribution operations in 312,373 square feet of space at the newly built 569,147-square-foot facility, reports CBRE, which was a broker in the transaction.

Cohen is EVP, chief administrative officer and general counsel of MacAndrews & Forbes Inc. of New York City. Cohen previously served as secretary to New York Governor Andrew Cuomo, as well counselor and chief of staff in the Office of the New York Attorney General under Attorney General Cuomo.

Kiall, who has 21 years' experience in commercial real estate, is the founder and broker of record at Suzanne Kiall & Associates, LLC.

Co-chair of the real estate committee at the Queens Chamber of Commerce is launching a technology-driven real estate brokerage firm focusing specifically on the Queens, New York submarket dubbed Project Queens.

Capital, e-commercial sales and a perceived rising interest rate environment are the three major factors influencing the market.

The latest approvals will allow the existing medical cannabis dispensaries to obtain an adult use dispensing license.

The addition of G&P increases NFI's footprint to more than 300 locations throughout North America, employing more than 12,600 associates. The purchase of G&P further deepens NFI's industry expertise throughout diverse industries such as automotive, tires, retail and textiles.