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Market updates, deal breakdowns, risk alerts, and investment insights for NNN professionals.
Realterm, an independent global investment manager focused on the transportation industry, completed the acquisition of 935 Garrison Ave., an industrial outdoor storage (IOS) maintenance facility in t
Colliers arranged the sale of Sophia Hollywood, a Class A, 28‑unit, 40,332‑square‑foot multifamily apartment community located at 1759 N. Gower St. Vice chair Kitty Wallace of Colliers marketed and br
A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, according to an alert from M
Stotan Industrial, in partnership with CrossHarbor Capital Partners, has closed on 28.63 acres in Titusville, Florida, for the development of NASA Causeway Logistics Center, a two-building industrial
Colliers completed the sale of 2323 Grand Boulevard, a 321,000-square-foot office property located in Kansas City’s Crown Center sub-market. Senior Vice President Evan Warwick represented the owner, a
Ariel Property Advisors arranged the sale of a premier development assemblage in the Gowanus neighborhood of Brooklyn for $15.75 million, or $273 per buildable square foot. Partner Sean R. Kelly, dire
Avison Young represented Verdantas, an integrated environmental science, engineering and consulting firm, in a 10,500-square-foot lease at 1044 Rte. 22 in Bridgewater, NJ. The lease covers a partial f
Quantum Space, a company that builds advanced maneuverable spacecraft for defense and commercial space operations, plans to establish a new manufacturing facility in Tulsa, Oklahoma. The facility will
DAUM Commercial Real Estate Services, completed a lease agreement for an approximately 5.18-acre industrial outdoor storage (IOS) site in the Inland Empire city of Rialto on behalf of a national const
Matthew recently listed the Kingsley Orchard Realty (KOR) Portfolio, located at 18 Day St, 49 Dover St, and 123 Orchard St in Somerville, MA. VP Nick Jasinski has the listing for the 120-unit offering
The Half Moon Bay City Council voted recently to repeal regulations that cap annual rent increases for some older multifamily housing and require landlords to register units with the city. Approved by
A father-son team of retail brokers is taking their generational expertise to Colliers’ New York City operations. Michael Hirschfeld and son Brian Hirschfeld have left JLL to join the retail services
A sake brewery and taproom is coming to Gowanus’ Society Brooklyn development. SakeBrooklyn has leased 6,500 square feet at 500 Degraw Street along the Gowanus Canal. Its new home sits on the northern
Before Peter Baytarian built Nautilus 220, the town of Lake Park in Florida’s Palm Beach County wasn’t known as a hot spot for luxury real estate. Now that the two-tower project has been completed, 90
Gov. Kathy Hochul has submitted a proposal to Albany lawmakers to approve a structure for the proposed pied-à-terre tax on non-primary residences in New York City. While Hochul and Mayor Zohran Mamdan
Toyota is seeking approval to build a new $2 billion manufacturing facility in Texas, expanding its U.S. production footprint . The world’s largest automaker has submitted plans to build a new manufac
Adkisson Group is under contract for 25 acres in Partners Capital’s 189-acre North Houston Commerce Park. The Houston Business Journal reports that the company expects to break ground around August on
New York City’s Employee Retirement System (NYCRS) is keeping its office space in Long Island City, Queens. The pension provider renewed its 35,000-square-foot lease at The Factory office complex, Co
The Godfrey Hotel, a 242-key hotel in Downtown Crossing, has sold for $124 million to an affiliate of Elliott Management, a West Palm Beach, FL firm that manages nearly $80 billion in holdings. The Bo
Global law firm Baker McKenzie is staying put at its Midtown office tower at 10 Bryant Park and taking more space. Baker McKenzie, which provides legal, tax and regulatory advisory services to corpora
CIM Group has launched Permanent Power Company, a national power platform, following a series of recent transactions that include securing a long-term power purchase agreement (PPA) and a $400-million
Skywalker Property Partners acquired the 73,747-square-foot Eagle Parkway One at 2301 Eagle Parkway from Group O. The office, originally built by Hillwood, is located in AllianceTexas, the 27,000-acre
Property & Building Corporation Ltd. (PBC) has completed a 121,833-squar- foot renewal and expansion lease with global law firm Baker McKenzie at 10 Bryant, a Class A Midtown office tower at 452 Fifth
Eleven organizations representing the nation’s rental housing providers signed onto a letter urging Congress to pass the revised 21st Century ROAD to Housing Act and send it to President Trump for his
BLDG Real Estate and The Fellowship Family closed on $100 million in financing for the 205-unit Fellowship Wildlight in Nassau County. The Jacksonville Business Journal reports the financing team for
Fisk University unveiled “Quantum Leap,” the most robust campus master plan in its 160-year history, Quantum Leap brings an estimated $1 billion project to North Nashville over the next decade. A core
HOUSTON — Outrigger Industrial has sold a 1 million-square-foot building within Generation Park, a 4,000-acre master-planned development in northeast Houston. The building sits on a 72-acre site at 12
HOUSTON AND SAN ANTONIO — Tulsa-based TruCore Industrial has acquired a portfolio of two industrial properties totaling 72,710 square feet, one of which is located in Houston and the other of which is
Miramar Capital acquired Towns at Eastland for $27.6 million and Crossings at NoDa for $28.2 million from Hopper Communities. The Charlotte Business Journal reports that Crossings at NoDa is an 88-uni
FORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of a 33,000-square-foot industrial building in South Fort Worth. The single-tenant building at 7610 Will Rog