DAUM Commercial Real Estate Services has secured a 68-month lease of a 127,540-square-foot industrial facility at 111 N. Baldwin Park Blvd. in City of Industry. The property will serve as the corporate headquarters, main distribution center, online showroom and outlet for…
Sagard Real Estate, formerly EverWest Real Estate Investors, acquired Vista Imperio, a 158-unit suburban garden-style multifamily property in Riverside, for an undisclosed sum. The acquisition is the first for Sagard’s newest, moderate value-add, open-end fund targeting seaport industrial, attainable rental…
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of a four-property student housing portfolio from Columbus Pacific Group. The portfolio consists of four well-located, Class-A student housing communities totaling…
Led by Ropes & Gray’s 429,342-square-foot commitment at 1285 Ave. of the Americas, Manhattan office leasing activity totaled 1.82 million square feet in November, 10% ahead of the five-year monthly average of 1.65 million square feet, CBRE reported. This marks…
The owners of Birkdale Village in Huntersville want to add office space, a hotel, apartments and expand the retail offerings. A development group made up of North American Properties, Jamestown and Nuveen Properties is hoping to get a zoning change…
Jay O’Meara, Justin Parsonnet and Ryan Reethof have left CBRE and joined Newmark to lead office investment sales in the Southeast, including Atlanta, Nashville, Tennessee, Charlotte and Raleigh, North Carolina, and Florida. O’Meara and Parsonnet will serve as vice chairmen,…
Soured office loans drove a 7.36% increase in CMBS delinquencies during November, Trepp reported. The U.S. CMBS delinquency rate rose 42 basis points overall to 6.4%, compared to 4.58% a year ago. Office delinquencies rose about 100 bps in November…
RXR has broken down on its first project within the 1,100-acre Veridea mixed-use community in Apex. Phase I of Veridea will include approximately 1,500 multifamily units, 1,100 single-family homes and townhomes built by Lennar Homebuilders, 150,000 square feet of retail,…
Greystone and Cushman & Wakefield provided acquisition financing and arranged the sale of Aventine, previously known as Ardmore at Bryton, a 288-unit multifamily property in the Charlotte suburb of Huntersville, North Carolina. The multifamily property was sold by Ardmore Residential…
Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, said that global family-owned distiller William Grant & Sons, whose brands include Glenfiddich and The Balvenie Single Malt Scotch Whisky, leased 27,160 square feet at 902 Broadway. The office will serve…
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