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While some apartment owners and developers are over-improving, IEC is concentrating on optimizing space for the current tenant rather than fashioning it after a different tenant profile's tastes, Marshall Boyd tells GlobeSt.com.
According to a new survey from Apartment List, Los Angeles receives a C+ from its renters, who are unhappy with poor commutes, schools and affordability.
The most common incentives being offered for multifamily financings are from the agencies and involve pricing discounts, such as affordable components and green rewards, NorthMarq's Ory Schwartz tells GlobeSt.com.
One of the largest developments in the Bay Area in the past 50 years, the Salesforce Transit Center, will serve tens of thousands of weekday visitors and will be the focal point of the mixed-use neighborhood featuring retail, office and residential.
“Location absolutely remains key in New Jersey's industrial market, and the Rockefeller Group Logistics Center provides Best Buy with a prime transportation-oriented location,” says Cushman & Wakefield's Jules Nissim.
Champions Circle has a live work shop play and stay environment in addition to office sites with unique golf course frontage, retail offerings and affordable to high-end housing in north Fort Worth.
Two large office properties sold last year for more than $500 million each and tenants are flocking to the CBD to extend leases, demonstrating the rebirth and growth of Houston, even after a challenging year.
The combination, which VICI's board said was “not in the best interests of the company,” would create the nation's largest triple-net lease REIT by enterprise value.
From an investment standpoint, “few asset classes offer as compelling a case for near-term optimism as the life sciences industry,” says CBRE's Scott Marshall.