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Premier commercial real estate news, analysis, trends and information for commercial real estate professionals covering office, industrial, apartments (multifamily), hotel, healthcare, student housing and net lease CRE sectors.
DETROIT-The company has a new eight-story hospital wing, adding 144 beds.
NEWTON, MA-Marketplace Rewards takes 14,000 sf at the three-building, 500,000-sf business park, owned by Equity Office Properties.
DOTHAN, AL-The closures will leave the financially-troubled movie-rental chain with about 4,000 units across the country.
SKOKIE, IL-The Fairway Building is sold at about $7.2 million, sources say, with an approximate 7% cap rate.
GARLAND, TX-Fun Factory Events' owners, looking to triple their operation, acquire a Miller Park building listed for $3.2 million and sold for less.
MORRISTOWN, NJ-The closed-end fund will target value-add industrial, retail and suburban office properties in the Northeast.
JAMAICA, QUEENS-Nycedc is seeking a mixed-use development, which will be not be subject to the City's Uniform Land Use Review Procedure.
FAIRFAX, VA-The transaction includes a short-term sales leaseback to accommodate Long & Foster's scheduled move to new quarters.
PHILADELPHIA-The owner/manager of Rittenhouse 1715 Hotel, which combines three historic buildings, wants to focus on less time-intensive projects.
NEW YORK CITY-Zaralo LLC, Ameriprise International Services and HDR will immediately occupy the two properties at 500 and 530 Seventh Ave.