Leasing

The first Toys “R” Us stores will be located in The Galleria in Houston, a Simon Mall, and in Westfield Garden State Plaza in Paramus, NJ.

Tower CRE states that the launch of the new division was prompted by closing $50 million in cannabis-related retail and industrial transactions in the last 18 months with an additional $15 million in the pipeline that are expected to close by the end of this year.

The firm purchased the 117,472-square-foot property from a national manufacturing company, according to brokerage firm Avison Young.

A prop house has leased a 250,000-square-foot industrial facility in Downtown Los Angeles.

The mixed-use retail and office development in the Knox-Henderson neighborhood, broke ground at the beginning of this week and signed law firm Kirkland & Ellis to anchor with 65,986 square feet of office space.

The global risk management and construction services software company has been steadily expanding its Lower Manhattan office space since 2009 when it first came to the building.

A group of landlords and building owners is trying to get a federal court to strike down the Housing Stability and Tenant Protection Act of 2019.

The completed transactions, most of which were classified as “net lease,” were a mix of restaurants, convenience stores/gas stations, discount stores, veterinary clinics, fitness centers and drug stores, spanning across 12 states, including seven in Pennsylvania and five in New Jersey.