Globest Sectors

The flex space trend continues, but the Jersey City, NJ REIT closing on its $487.5 million sale in Q2 2019 has other plans.

In a GlobeSt.com interview, Knotel's co-founder and CEO provides three key points which have helped the growth of his company.

Breweries are taking up industrial and retail space in the Inland Empire's Riverside market, growing 5% in 2018.

“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.

Pricing for new construction along the Silver Line from Rosslyn to the Toll Road will look increasingly similar.

Some of the major developments underway at the project include the 85% sold Paramount Miami condominium tower, which is on-track for completion in May 2019.

Investors have shown strong interest in Federal Way and the surrounding South King County locations, not only driven by the growth of the Seattle core but also Kent Valley, the Port of Seattle and Tacoma.

The transaction was structured with a seven-year term, with 30 months of interest-only (during construction) followed by a 30-year amortization schedule.