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Real Estate

ULI Special Report: What’s Ahead for CBDs

Jun Ho Pok of IGIS Neovalue Asset Management, Kevin Davenport of Swire Properties and Megumi Brod of The Rockefeller Group talk about the future of central business districts. Photo by Gabriel Frank Top-of-mind for both panelists and attendees on the…

NewMark Merrill Buys Chicago Shopping Center for $22M

Marketplace at Six Corners comprises two buildings on some 10 acres. Image courtesy of Mid-America Real Estate Corp. DRA Advisors has sold Marketplace at Six Corners, a 116,941-square-foot grocery-anchored urban shopping center in Chicago. NewMark Merrill acquired the asset for…

Venture One Buys Metro Miami Industrial Park

Boynton Logistics Center features a total of 34 dock-high loading doors, 12 truck wells and four drive-in doors. Image courtesy of Cushman & Wakefield Venture One Real Estate has acquired Boynton Logistics Center, a 197,608-square-foot industrial campus in Boynton Beach,…

The Durst Organization Inks Manhattan Lease Expansion

The tower at 1133 Ave. of the Americas rises 45 stories in Manhattan’s Plaza District. Image by Vanni Archive Architectural Photography, courtesy of The Durst Organization The Durst Organization has inked a lease expansion to 22,916 square feet at 1133…

L&L Holding Lands $911M Refi for Manhattan Tower

425 Park Ave. Image courtesy of Alan Schindler In one of the largest deals of its kind this year, L&L Holding Co. has secured $911 million to refinance 425 Park Ave., its 47-story Manhattan office tower. Sumitomo Mitsui Trust Bank…

Austin Begins 2024 With Strong Office Sales

The Austin office market started the year off with solid investments, in what was a change of pace from 2023’s final two quarters. The metro’s sales volume so far places it among the highest performing office markets in the U.S….

ULI Economic Forecast: Tailwinds, Hurdles or Both?

ULI’s Spring Meeting is being held in New York. Image by Fotios Tsarouhis The Urban Land Institute’s latest economic forecast, released Tuesday at the organization’s annual Spring Meeting, reflects the real estate sector’s relief at averting a major slowdown this…

How TSMC’s $65B Campus Will Impact Arizona’s Industrial Market

TSMC’s advanced manufacturing complex under construction in Phoenix. Image courtesy of TSMC Phoenix, already a top industrial and advanced manufacturing hub in the U.S., can expect to attract even more investments across all commercial real estate sectors now that Taiwan…

Stonemont JV Inks 733 KSF Lease at Savannah Industrial Park

Building 4A is the most recently delivered property within the 1,150-acre industrial park. Image courtesy of Stonemont Financial Group Stonemont Financial Group has signed a 733,200-square-foot lease at Georgia International Trade Center’s Building 4A, in Port Wentworth, Ga. Armstrong Logistics…

GFP Real Estate Closes on $54M Refi for Vintage SoHo Office

GFP Real Estate LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000-square-foot office tower in Manhattan’s SoHo neighborhood. Interior at 594 Broadway in NYC. Image courtesy of GFP Real Estate LLC…