Leasing

With the majority of the CRE brokerage industry close to retirement, and the pool of traditional CRE talent constantly shrinking, it's time for the industry to be more proactive about diversity and inclusion and it is now becoming a competitive advantage.

"Cornerstone Apartments represented an opportunity to acquire a well-located asset at an attractive discount to its replacement cost," says David Nelson, Hamilton Zanze's managing director of acquisitions.

On Tax Day, 1031 exchanges may be on investors' minds, and experts at GlobeSt.com's Net Lease Event gave advice to avoid being left at the altar with these deals.

“Marc has grown up in this business and his experience is vast,” says Jim Carris, executive managing director and market leader for Colliers Chicago.

The tight medical office market in San Diego is fueling leasing activity for class-B product, pushing rents to new records.

The median household income in Los Angeles needs to increase 25% to afford the average rent in the city.

The real estate law firm has extended its lease in the Midtown East tower for another 10 years.

The 28,890-square-foot deal, announced by commercial brokerage firm Avison Young, is the first lease transaction signed at the more than 330,000-square-foot complex.