A recently released Transwestern Atlanta office report indicates that the sector is showing signs of life.Absorption: Companies that have kicked the can for the last couple of years are finally starting to make real estate decisions, resulting in the first positive…
The Atlanta office market may have hit its nadir at the end of 2024, with a return of big lease signings giving hope that it may have finally turned a corner. Vacancy in Atlanta’s office market hit a new high…
A retail portfolio spanning 120 JCPenney stores across the U.S. could fetch more than $1 billion in what industry professionals are calling a rare offering for an institutional investor, CoStar reported. Newmark plans to list the 15.86-million-square-foot portfolio in 34…
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s Chapter 11 restructuring and sale process. The leases, which include 51 that are new-to-market, are being offered in two groups,…
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back to life, Bloomberg News reported. One reason is that lenders and owners want to cut their losses and make new…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has the exclusive listing for the sale of Home Ranch Commons, a 60,737-square-foot mixed-use medical and retail center anchored by UCI Health in Yorba Linda. The price is open bid. “The offering includes assumable financing…
Marcus & Millichap finalized the sale of Olivetree Senior Citizen Apartments, a 44-unit seniors housing property located in Olivehurst. The asset sold for $3,265,000. Senior associate Aaron Moayed and first VP investments Isaak Heitzeberg in Marcus & Millichap’s Sacramento office marketed the…
After seeing its office occupancy boosted by continued demand for “lifestyle space,” Cousins Properties plans to deploy fresh capital for high-quality office assets. Cousins Properties’ Promenade Tower in Atlanta. The Atlanta-based development and landlord REIT has one of the largest office portfolios…
While slowing leasing activity and higher interest rates have provided a bleak outlook for some classes of commercial real estate, the New York City industrial scene is proving to be a welcome bright spot in the market. Industrial leasing in NYC…
Scout Living is now accepting guests at Atlanta’s Ponce City Market. The project features 405 one- and two-bedroom fully furnished and serviced living units from a single night to a week, a month, or longer, starting in September. Scout Living…
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