The office sublease market may finally be cooling off. The amount of sublease space in Chicago’s Central Business District increased by 75% between Q1 2020 and Q1 2021, hitting a historic high of 5.7M SF, but the market has begun…
WashREIT is transitioning into a multifamily-only REIT with massive deals to sell its office and retail portfolios. Bisnow/Jon Banister WashREIT CEO Paul McDermott and Boston Properties’ Senior Executive Vice President Ray Ritchey at Bisnow’s 2018 D.C. State of the Market…
Real estate services giant Savills is acquiring T3 Advisors, a specialist in life sciences tenant representation, in an effort to expand Savills’ expertise in that fast-growing sector. Founded in 2001 with offices in Boston, New York, San Francisco and Palo Alto,…
Investors are back on a multifamily buying spree as the Atlanta area emerges from the coronavirus pandemic. Courtesy of Spaxel The Hills at East Cobb apartments, which were recently acquired by New York-based Spaxel. During the first quarter, investors bought more…
In February, Major League Baseball made official what had been rumored to be in the works for months: a realignment of minor league baseball resulting in 43 teams being stripped of their affiliation. Hagerstown Municipal Stadium seen in 2018. The…
A CRE veteran who helped usher in popular adaptive reuse projects in Atlanta has teamed up to form a boutique brokerage firm with another seasoned real estate pro who led Stream Realty Partners’ retail group. Courtesy of Bridger Properties Bridger Properties co-founders Jack…
Atlanta-based media company Gray Television, in partnership with an Atlanta developer, is expected to go under contract imminently to buy Doraville’s Assembly mixed-use property from Integral Group for an undisclosed sum, industry sources tell Bisnow. Courtesy: Integral Group Rendering of Integral…
Investment capital ebbs and flows into commercial real estate, according to the economy and a multitude of other factors. During 2020, capital aligned itself with new investor priorities, especially as they looked for office and apartment assets. Investment volume as…
A prolific Charleston multifamily developer is spearheading its first project in Atlanta. Courtesy of Middle Street Partners Rendering for BeltLine & Boulevard, a new apartment project that broke ground in February in Grant Park. Middle Street Partners has broken ground…
The owner of the one-time crown jewel of North Fulton County retail has given up on the property. The Von Maur anchor at North Point Mall in the affluent North Fulton County community in Atlanta. Brookfield Property Partners has transferred the…
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