Entre Commercial Realty is pleased to announce that it has recently completed a long term 25,000 square foot lease at 175 Prairie Lake Road in East Dundee, Illinois. The modern 45,000-square-foot facility was built in 2021 and comes equipped with…
Center for Elders’ Independence (CEI) has signed a lease for approximately 23,000 square feet at Meridian’s recent medical office conversion, Broadway Medical Plaza in the Pill Hill area of Oakland. Sid P. Ewing of Colliers represented Meridian in the lease transaction, and Douglas…
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…
Matthews Real Estate Investment Services structured a $55-million exchange on behalf of a client, facilitating the acquisition of 15 assets. Market leader Keegan Mulcahy and EVP Chad Kurz handled the transactions. The client, a family-owned LLC, had recently sold a…
Lee & Associates has negotiated a 3,163-square-foot restaurant lease at Riverwalk Plaza, 175 W Jackson Avenue, Suite 223, Naperville, Illinois. The landlord, Naper Limited Partnership, was represented by Michael Petrik, Associate, and Rick Scardino, Principal at Lee & Associates. The…
Acquisition volumes among net lease REITs decreased modestly in the third quarter of 2024, as costs of capital remain volatile for most of the REITs, Green Street said in its latest report on the sector. Transaction volume was down 45%…
A co-warehousing provider will open in Atlanta later this month, within the the South Fulton neighborhood. SHIFT South Fulton will offer more than 100,000 square feet in total, with various warehousing options for businesses of all sizes. SHIFT South Fulton,…
Anthony Lawrence-Belfair, a furniture company specializing in the manufacturing, distribution, repair and restoration of furniture and home goods, signed a long-term lease for 25,214 square feet of warehouse space and 19,312 square feet of land at Simone Development Companies’ 1200…
Cap rates in the net lease sector continued to rise in the third quarter of 2024, albeit slightly, net lease brokerage The Boulder Group reported. The overall rise was three basis points quarter-over-quarter, with the average cap rate coming in…
Woodmont Industrial Partners has fully leased 2 Terminal Rd. in Lyndhurst, NJ. The tenant, Nemo Tile, LLC, will occupy the 30,046-square-foot warehouse and distribution facility, located at the intersection of Routes 3 and 17, on a 65-month term. Lee & Associates’…
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