Northeast

Private equity continues to gravitate to deals in commercial real estate.

“During the first half of the year, ongoing demand for strategic distribution locations helped drive rental rates to historically high levels,” says Colliers International's David A. Simon.

An appellate court ruled one incident of illegal activity, in this case dealing in ivory, was enough to end an art and antique store's lease. But the dealer's attorney is going to a higher court.

The Atlanta, Boston and Chicago offices have joined forces to share information and deal flow on behalf of their clients.

The private equity fund administrator will relocate its headquarters to 48,000 square feet across two floors in the Midtown East tower.

The Brooklyn facility, a former warehouse, will be the largest climbing gym in New York City when it opens in the summer of 2019.

All together the company has acquired 1.1-million square feet in three markets.

National Storage Affiliates Trust and Heitman Capital Management have secured two institutional lenders to provide approximately $643 million in 10-year secured debt to fund part of the acquisition.