Industrial property

Faropoint Acquires 62,000 Square Foot Last Mile Industrial Property in Meadowlands for $17.7M

Faropointa leading real estate investment firm focused on last-mile industrial properties in high-population-growth markets, announced Wednesday the acquisition of 121 Moonachie Ave. – a 62,000 square foot building in Moonachie – for $17.7 million. “Northern New Jersey remains an attractive and competitive market for industrial investment as the need for last-mile logistics and distribution centers […]

Commercial property

A look at large-scale industrial projects in Phoenix

Phoenix. Image by Kevin Ellis via Pixabay As the space race continues, Greater Phoenix continues to establish itself as a vital industrial market. Supported by rapid population growth, optimal geographical position, business-friendly environment, solid infrastructure and available developable land, the city is poised to become a crucial location for logistics and manufacturing companies. “Greater Phoenix […]

Commercial property

Can the Russian-Ukrainian crisis make CRE more sustainable?

With energy prices skyrocketing since Russia’s invasion of Ukraine, there is much talk about how to reduce America’s dependence on expensive foreign oil and reduce our reliance on oil and gas. gas, period. Does this mean that the Ukrainian crisis will accelerate energy efficiency and the transition to renewable energies? If the pattern of history […]

Industrial property

Dalfen Industrial Acquires Industrial Property in the Charleston Area

The property is on the rapidly expanding I-26 corridor, which leads directly to all three ports in Charleston. The Charleston Industrial Market has been in the top 10 fastest growing MSAs by population and economy for several years. Population growth has been over 20% over the past two decades and tenants have demanded space at […]

Commercial property

Commercial Property Management Solutions Market Trends by 2026 with Top Key Players – Yardi Breeze, Total Management, Re-Leased, AppFolio, Property Matrix and SKYLINE

This Global Commercial Property Management Solution Market is an attempt to analyze the global opportunities in the field of the worldwide industry, its present capabilities and the potential of selected countries and regions in the market. The report to businesses and companies provides a better understanding of their ability to invest in the market. The […]

Residential propety

HG Fenton Residential Communities Leased

Mission Valley-based HG Fenton Company, which oversees more than 3,500 apartments in the San Diego area, recently won several accolades related to this business. Nine of its rental communities have received the 2021 Top Rated Community Awards from ApartmentRatings, an El Segundo company. Honored communities include Bella Del Mar Apartments, BLVD North Park, Club River […]

Industrial property

North Palisade Partners adds third SoCal industrial property in 60 days – Business Observer

North Palisade Partners is on a buying spree after adding a third industrial and self-storage development in Southern California to its portfolio in the past 60 days. In its latest move, the company announced it had acquired an 11-acre site in Pomona, eastern Los Angeles County, for $43.5 million. It is located at 2000 Boulevard […]

Residential propety

Faced with housing shortage, Newport decides to restrict Airbnbs in residential areas

Under Newport law, people can operate short-term rentals in residential areas if they receive a special use permit from the Newport Zoning Board of Review. On Wednesday evening, however, the city council voted unanimously to ban such properties in residential areas. The proposed changes will also require short-term rental hosts to obtain a special use […]

Industrial property

NAI Legacy acquires industrial property for the expansion of the Jonny Pops company

NAI Legacy Acquires 80,000 Square Foot Industrial Facility Acquisition for DST Placement Minneapolis, MN – NAI Legacy and its affiliates are pleased to announce the acquisition of the ±80,000 square foot industrial property for JonnyPops’ new corporate headquarters. The new facility, what they call the “Plant for the Future” project, is located ±30 miles outside […]

Industrial property

Hunt Midwest Completes Sale of 322,000 Square Foot Industrial Property in Louisville

Kansas City-based commercial real estate company Chasing the Midwest recently completed the sale of Blankenbaker Logistics Center, a 322,831 square foot industrial transhipment project, in Louisville, Kentucky, for $43 million. The buyer was Bixby Land Company, a private REIT based in Newport Beach, Calif. Piston Automotive signed a full construction lease prior to construction completion. […]

Commercial property

South Florida’s First Specification Cold Storage Facility Lands Tenant

Bridge Industrial has yet to complete Bridge Point Cold Logistics Center, the first cold storage facility for rent to be developed on a speculative basis in South Florida, and already the company has landed a tenant to occupy the building. of 312,000 square feet. in its entirety. Bridge recently signed FreezPak to a full construction […]

Residential propety

Columbia Residential appoints Carmen Chubb as new president – ​​Decaturish

Atlanta, Georgia— Columbia Residential, an affordable housing developer, owner and manager, announced Tuesday that Carmen Chubb has been named the company’s president. She will be responsible for managing the development and asset management and housing preservation divisions of Columbia Residential, according to a press release. “This is an important milestone for our business,” said Jim […]

Industrial property

Ocean West Capital buys Flex industrial property in Los Angeles

Ocean West Capital Partners has acquired Smoky Hollow Flex Campus, a 152,000 square foot flexible industrial building, in an off-market deal. Situated on 5.1 acres in the Smoky Hollow neighborhood of El Segundo, the property sits in one of Southern California’s most desirable industrial areas. The 1960s period building currently features a brick facade, roll-up […]

Residential propety

Commercial and residential growth highlighted during Cambridge State of the City Address | Local News

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Commercial property

Top 5 emerging industrial markets

The industrial sector had another solid year in 2021, propelled by the continued growth of e-commerce. At the end of November 2021, over 300 million square feet of industrial space was under construction across the country and despite the large active pipeline, demand is also expected to be very strong in 2022. This trend has […]

Residential propety

Fire chief draws attention to link between smoking and residential building fires

SIDNEY — Sidney Fire Chief Chad Hollinger is calling attention to common causes of residential structure fires — a situation the community has recently seen an increase in. The National Fire Prevention Association (NFPA) reported that more than 26% of fires from 2015 to 2019 occurred in homes, and 75% of civilian fire deaths […]

Industrial property

Stos Partners Acquires 35,000 Square Foot Industrial Property in Los Angeles County – OsideNews

Encinitas CA— Stos partnersone of Southern California’s most active commercial real estate investment and management firms, acquired a two-tenant, 35,000 square foot industrial property in the Los Angeles County submarket in Signal Hill, California. The company’s first purchase of 2022 follows a record year in which Stos Partners negotiated more than $330 million of commercial […]

Commercial property

Industrial Capital Must Stay Abundant: Q&A with CBRE

Chris Riley, President of Industrial and Logistics Capital Markets, CBRE. Image courtesy of CBRE With the unprecedented need for warehouse and distribution space in the United States during the pandemic, the industrial sector has quickly become the haven for commercial real estate, creating competition between investors, developers and lenders. As logistics and e-commerce continue to […]

Residential propety

Kelly Dougherty Promoted to President of Firstservice Energy, Energy and Sustainability Group of Firstservice Residential

FirstService Residential, the leading manager of residential communities in North America, announced the promotion of Kelly Dougherty to President of FirstService Energy. FirstService Energy is the company’s energy management and sustainability consulting subsidiary that leads environmental change by improving energy efficiency and reducing water consumption, with the ultimate goal of reducing utility costs. operations and […]

Industrial property

West Hartford investor buys mid-size industrial property for $883,584

A local real estate investment firm that sold a mid-size industrial property in West Hartford for $900,000 in 2020 recently bought it back for slightly less. C&G Properties, of West Hartford, sold the 1.6-acre property with two light fabrication buildings to Albert Kalanica in 2020. Albert sold the property back to C&G for $883,584 in […]

Commercial property

Miami Development Update: Mixed Use Drives Office Development

In December, nearly 3.6 million square feet of office space was under construction in Miami, or 5.1% of total inventory, according to CommercialEdge. Continued immigration, accentuated by the pandemic, has spurred investments and relocations in the metro. The office pipeline has grown significantly since late 2020, when it bottomed out at just 1.9 million square […]

Commercial property

Metro Detroit did not follow the national trend of record sales of commercial properties in 2021

The volume of commercial real estate transactions reached record highs nationally last year, but not in the Detroit metro area. That’s not to say 2021 has been a bad year for real estate deals in the city — quite the contrary, experts say, as deals, by dollar volume, last year were the fourth highest since […]

Residential propety

Banyan Residential Acquires 34 Acres to Build 230-Unit Single-Family Rental Community in Austin Submarket in Pflugerville, TX

AUSTIN, TX – Banyan Residential, a Los Angeles-based private real estate investment firm, announces the acquisition of 34.4 acres of land in Pflugerville, Texas to develop its third single-family rental community. Developed in partnership with Bridge Investment Group, the community will feature 230 single-family rental homes, as well as a swimming pool, fitness center and […]

Commercial property

RXR and Hudson Realty Capital Launch Joint Lending Transaction

Image courtesy of Gerd Altmann via Pixabay.com RXR and Hudson Realty Capital merge their lending activities to create RXR-Hudson, a strategic commercial real estate lending platform that plans to lend more than $2 billion over the next few years in sectors with high investor demand and favorable demographics, including housing, industrial and healthcare. The lending […]

Residential propety

For the attention of owners and tenants of commercial and multi-residential buildings – Real estate and construction

United States: To Landlords and Tenants of Commercial and Multi-Residential Buildings January 31, 2022 Cullen and Dykman To print this article, all you need to do is be registered or log in to Mondaq.com. For owners and tenants of commercial or multi-family residential properties in Nassau County or New York, now is the time to […]

Residential propety

STARLIGHT US RESIDENTIAL FUND ANNOUNCES CORRECTION TO JANUARY 2022 DISTRIBUTIONS

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISTRIBUTION IN UNITED STATES./ TORONTO, January 28, 2022 /CNW/ – Starlight U.S. Residential Fund (TSX.V: SURF.A) (TSX.V: SURF.U) (the “Funds“) today announced its January 2022 the amounts of cash distributions on its outstanding Class A, Class C, Class D, Class E, Class F, Class G, Class I […]

Industrial property

Thor Equities Group acquires key industrial property in

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in the development, leasing and management of urban real estate, is pleased to announce the acquisition of a facility industrial building in Newark, New Jersey, covering 131,205 square feet. Located 10 kilometers north of Newark International Airport and 16 kilometers […]

Industrial property

Investor takes ownership of DeSoto

An investor has snapped up industrial property off Interstate 20 in DeSoto. The I20 Corporate Center is a 385,472 square foot industrial property located at 220 E. Danieldale Road. The building is Diab America’s North American headquarters and supplier of industrial materials and machinery. The warehouse was built in 1986 and expanded in 1992. Bradford […]

Industrial property

Thor Equities Group acquires a key industrial property in

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in the development, leasing and management of urban real estate, is pleased to announce the acquisition of a facility industrial building in Newark, New Jersey, covering 131,205 square feet. Located 10 kilometers north of Newark International Airport and 16 kilometers […]

Industrial property

Sitex Group pays $30 million for Greenpoint industrial property

360 Kingsland Avenue in Greenpoint, Brooklyn (Google) Sitex Group acquired an additional 98,000 square feet of industrial property in Brooklyn earlier this month for $30 million. According to the Commercial Observer, the New Jersey-based investor snapped up 360 Kingsland Avenue via an off-market deal brokered by TerraCRG partners Dan Marks and Daniel Lebor on Jan. […]

Residential propety

News on Blue Williams Merger, Bollinger Vessel Delivery, McEnery Residential Office | Economic news

Blue Williams Announces Merger New Orleans-based Blue Williams and Houston-based Thompson & Reilley merged, creating a regional law firm with four offices serving clients in Louisiana and Texas. The combined company will continue operations in all offices under the Blue Williams banner. Blue Williams has offices in Metairie, New Orleans, Mandeville and Houston. Bollinger delivers […]

Residential propety

Technical IT Manager (remote) – | Works

We are on a mission Increasing housing supply remains a major challenge in US cities, and the fragmented nature of the real estate sector has resisted large-scale innovation. Juno is a real estate startup radically rethinking the way homes and apartments are designed, built and developed. Through a productized approach to grassroots development, we bring […]

Industrial property

Marcus & Millichap Reaches Deal on 47,654 Square Foot Industrial Property Near Magic City Innovation District for $13 Million

MIAMI, Fla., January 19, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced the sale of Little River, a 47,654 square foot industrial property located in Miami, Florida. According to Ryan Nee, senior vice president and district manager of […]

Residential propety

Apple Valley City Council says no to chickens on residential lots | apple valley

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Residential propety

Alliance Residential Company buys three acres for 279-unit Prose Mccullough resort in University City neighborhood

CHARLOTTE, NC – Alliance Residential Company, one of the nation’s largest multi-family developers, has closed on 2.92 acres located at 8430 N. Tryon Street in Charlotte, NC for the development of Prose McCullough Station, a 279-unit apartment community just steps from the LYNX Blue Line light rail station after which the apartment community is named. […]

Commercial property

VNQ: Commercial real estate prices could fall as interest rates rise (NYSEARCA:VNQ)

Esma/iStock via Getty Images Financial markets saw a significant spike in volatility in the first weeks of 2022. This was most apparent in the bond market, which has seen the fastest declines in years. Notably, there has been little change in the inflation expectation rate, meaning that most of the losses are due to a […]

Residential propety

New York-based developer completes acquisition of Westside residential development site

Tishman Speyer will begin construction in late 2022 on its first residential project in the Los Angeles area By Sam Catanzaro A New York-based developer has completed its first LA-area acquisition, which will bring 620 apartments and 31,000 square feet of retail to eight new Westside buildings. On January 3, Tishman Speyer announced that it […]

Commercial property

Chubb White Paper Explores Factors Impacting Commercial Property Insurance Pricing

WHITEHOUSE STATION, NJ, January 13, 2022 /PRNewswire/ — Chubb has released a new white paper, “Why Commercial Property Insurance Prices Are Higher and What Can Be Done About It,” which explores the price pressures associated with the current state of commercial property underwriting. In addition to explaining the range of complexities impacting the current state […]

Industrial property

Staley Point Capital Acquires Industrial Property of City of Industry for $22 Million

LOS ANGELES, January 13, 2022 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the off-market acquisition of 18689 Arenth Ave, a 97,000 square foot industrial asset in the City of Industry, Californiafor $22 million or $227 per square foot. The transaction represents the company’s first investment […]

Commercial property

Pandemic-inspired conversion of commercial property to residence | Obermayer Rebmann Maxwell & Hippel LLP

After many businesses witnessed the successful transition of their office workers to working from home during the COVID-19 pandemic, many of these businesses have chosen to downsize or even close their offices altogether. Retail establishments, including restaurants, relied on the patronage of these office workers. Due to the exodus of office buildings, the retail sector […]

Residential propety

VCBank Completes Successful Exit of US Westhaven Multi-Family Residential Assets, Provides 54% Return on Investment to Investors

Manama, Bahrain: Venture Capital Bank (VCBank), an Islamic wholesale bank licensed by the Central Bank of Bahrain, today announced its successful exit from a real estate portfolio in the US multi-family residential sector. With a gross sale value of $ 116.5 million, this release generated a return on investment (ROI) of 54 percent; and provided […]

Residential propety

Sleeping Indian Creek Valley Becomes Residential Destination

The Indian Creek Valley in Monroe County wanders through scenic agricultural landscapes. (Photo courtesy of Foxfire Realty) While it may sound like a cliché, time has truly stood still in the Indian Creek Valley of southern West Virginia. A cellar has opened. Farmers are experimenting with new crops. A small community of retirees has been […]

Residential propety

New York-based developer completes acquisition of major residential development site in Santa Monica

Tishman Speyer to begin construction at the end of 2022 on his first residential project in the Los Angeles area By Sam Catanzaro A New York-based developer has completed its first acquisition in the Los Angeles area, which will bring 620 apartments and 31,000 square feet of retail to eight new buildings in downtown Santa […]

Industrial property

Staley Point Capital Acquires Second Commercial Industrial Property for $13 Million

LOS ANGELES, December 17, 2021 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the acquisition of 2425 Saybrook, a 42,000 square foot warehouse with excess land in Commerce, Calif., for $12.95 million. dollars, or $308 per foot of building or $119 per foot of land. The […]

Industrial property

DC company buys industrial property in Winchester | Winchester star

WINCHESTER – Washington, DC-based real estate firm Ritz Banc Group has purchased industrial property at 310 Tyson Drive in Winchester. The 244,500 square foot property was sold by InterChange Group Inc. to Ritz Banc Group for $12.2 million. Threshold Enterprises, a distributor of fine, natural, nutritional and specialty products, currently operates at the site. Christopher […]

Industrial property

TISHMAN SPEYER LAUNCHES INDUSTRIAL REAL ESTATE PLATFORM WITH THE ACQUISITION OF TWO MIDDLE MILE DISTRIBUTION CENTERS |

NEW YORK, December 15, 2021 / PRNewswire / – Tishman Spire, one of the world’s leading developers, owners, operators and managers of premier real estate assets, today announced the acquisition of two middle mile distribution centers in Colorado and Pennsylvania. Tishman Spire, Hana Financial Group (HFG) and Vestas Investment Management (Vestas) purchased the facilities, both […]

Industrial property

TISHMAN SPEYER LAUNCHES INDUSTRIAL REAL ESTATE PLATFORM WITH THE ACQUISITION OF TWO MIDDLE MILE DISTRIBUTION CENTERS

NEW YORK, December 15, 2021 / PRNewswire / – Tishman Spire, a leading developer, owner, operator and manager of world-class real estate assets, today announced the acquisition of two middle mile distribution centers in Colorado and Pennsylvania. Tishman Spire, Hana Financial Group (HFG) and Vestas Investment Management (Vestas) purchased the facilities, both 100 percent leased, […]

Industrial property

CPPIB Invests in Clean Energy Provider, OMERS Subsidiary Forms Proprietary Joint Venture

Following its investment, CPPIB intends to allocate more capital to Octopus Energy to help it build smart grid capabilities and expand green power generation capabilities, according to a press release. Read: OTPP buys reverse mortgage bank, BCI invests in US media operator Based in the UK, Octopus Energy provides green energy services to over three […]

Commercial property

First Street Foundation and Arup Release Report Providing Business Owners with New Data to Better Prepare for Floods

BROOKLYN, NY and SAN FRANCISCO, December 13, 2021 / PRNewswire / – A new report from First Street Foundation and global engineering and consulting company Arup provides new perspectives for communities at risk of flooding. While previous Studies conducted by the First Street Foundation have provided data on flood risk for individual homeowners, this report […]

Industrial property

Dalfen Industrial acquires the industrial property of Winston Salem

Located in the Union Cross submarket, this neighborhood offers a distinct advantage in terms of accessibility and a high quality tenant base with institutional ownership. The building is 100% occupied by a tenant who is currently paying below market rent, which represents a significant increase during renewal as well as when leaving. Other tenants in […]

Industrial property

Staley Point Capital acquires industrial property from Sylmar for $ 24 million

LOS ANGELES, December 9, 2021 / PRNewswire / – Capital of Staley Point (“Pointe Staley“), a value-added investor focused on Southern California industrial properties, today announced the acquisition of 12450 Foothill Blvd., a 103,000 square foot industrial property in the North Los Angeles market, for $ 24 million ($ 234 per square foot). This transaction […]

Industrial property

KKR acquires industrial property in Vista, Calif., From Westcore

VISTA, Calif .– (COMMERCIAL THREAD) – KKR, a leading global investment firm based in San Diego Westcore, a leading industrial real estate acquisition, development and management company, today announced that Westcore has sold an approximately 197,000 square foot industrial warehouse (“Vista Commerce”) located in Vista in California at KKR. Vista Commerce is located on an […]

Industrial property

Dalfen Industrial Acquires Industrial Property in the Dallas Area

This property has excellent last mile fundamentals with its proximity to DFW International Airport and dallas/field of love. It connects to both dallas and fort worth, a market of nearly 8 million people, through arteries such as Interstate 35, Loop 12, Hwy. 114 and freeway. 183. Other tenants in the area include FedEx, UPS, PepsiCo, […]

Industrial property

Arden Group launches industrial property investment platform Arden Logistics Parks

PHILADELPHIA CREAM, November 16, 2021 / PRNewswire / – Arden Group (“Arden “), a fully integrated real estate company since 1989, today announced the launch of Arden logistics parks, a first-class logistics real estate operating platform specializing in the acquisition, improvement and real estate management of light industrial activity parks across the country. Technology investment […]

Industrial property

Dalfen Industrial acquires the industrial property SoCal

The industrial property is located less than 3 miles from I-215, providing southern access to San Diego, and north to I-10, SR-CA-60 and CA-SR-91, allowing east-west connectivity, including Port Long beach/Port Los Angeles about 70 miles west. In recent months, the Inland Empire region of California has experienced a 20-30% rent increase along with a […]

Industrial property

Staley Point and Bain Capital Real Estate Acquire Industrial Property in Seattle’s SODO District for $ 31.6 Million

LOS ANGELES, October 11, 2021 / PRNewswire / – Capital of Staley Point (“Pointe Staley“), a value-added investor focused on infill industrial properties, today announced the acquisition of 2424 8th Ave S. (8e Ave.), a 90,000 square foot warehouse in the Downtown South District (“SODO”) of Seattle, WA, for $ 31.6 million, or $ 351 […]

Industrial property

The packaging boom adds to the race for industrial property

Industrial real estate, including distribution centers and manufacturing plants, continues to be in strong demand across the United States, exemplified by the exceptionally low vacancy rate of 5.1% and record rents that have increased by 8.6% in the last year alone. Improving national economic and health conditions release pent-up consumer demand, fuel consumption and production […]

Industrial property

SparrowHawk Real Estate Acquires 272,882 Square Foot Industrial Property in Kansas

After entering the Kansas City market over 90 days ago, Sparrowhawk Real Estate acquired another building, the newly completed first building in the Heartland Logistics Park in Shawnee, Kansas. Financial terms of the transaction were not disclosed. John Stafford, executive vice president, and Ed Elder, president of Colliers represented the seller and developer of the […]

Industrial property

State-owned industrial property along the US 75 corridor changes hands

Based in Dallas Capital of Preston Forrest redirects its focus from commercial real estate to industrial. The company purchased a 518,700 square foot industrial property at 1400 W. FM 1417 from Sherman for an undisclosed price. The property sits on 70 acres and is located 40 miles north of Dallas-Fort Worth, west from U.S Highway […]

Industrial property

Gladstone Commercial Corporation Executes $10 Million Lease Renewal on Industrial Property in Monroe, Michigan :: Gladstone Commercial Corporation (BON)

MCLEAN, Va./ACCESSWIRE/June 24, 2021/ Gladstone Commercial Corporation (NASDAQ:GOOD) (“Gladstone Commercial”) today announced that it has signed a lease renewal with Yanfeng US Automotive Interior Systems LLC (“Yanfeng”) through August 31, 2029 at its industrial property at 1833 Frenchtown Center Drive in Monroe, Michigan, a suburb of Detroit. This lease […]