Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
“A new fulfillment center in Staten Island will help us meet the home furnishing needs of our customers in the New York metropolitan area,” says Ikea's Lars Petersson.
KKR's second value-add and opportunistic vehicle is “focused on all the housing themes,” global head of real estate Ralph Rosenberg told Bloomberg on Wednesday.
Q4's slight vacancy rise stems from “an increase of supply and a slight loosening in the tightness of the market as we have closed in on the previous cyclical low,” says Spencer Levy at CBRE.
In 2018, says FGRT's Deborah Weinswig, expect shoppers to continue turning to new retailers, marketplaces and channels, “while retailers look for further collaborations to future-proof their offerings.”
“Over the longer term, REITs have been a remarkably consistent investment, delivering solid long-term performance and consistent income,” says Nareit's Steven A. Wechsler.
Although valuable CRE technology is readily available, change management to transform organizations and processes can be a challenge, writes Dealpath's Mike Sroka in this <b>EXCLUSIVE</b> commentary.
The $3-billion deal for Pure Industrial Real Estate Trust will give Blackstone another 22 million-plus square feet of logistics space in both Canada and the US.
The newly announced partnership with Goldman Sachs is "one of the key components in building a more diversified, large-scale base of individual investors that can access the asset class in a more efficient and risk-adjusted manner," Cadre's Ryan Williams tells GlobeSt.com.