Industrial

Sanders Equities has retained the firm and revealed repositioning plans for its Long Island conversion project.

The $15.5 million acquisition and construction loan for the 130,000-square-foot New Jersey building was provided by lender, Orix USA Corporation.

Their presence will enhance an already diverse and vibrant environment at Blue Ocean's Halethorpe industrial complex, a historically significant property, says Blue Ocean president and CEO Jonathan Ehrenfeld.

The group was over-allocated in certain places and thought the world had absorbed the initial shock of coronavirus.

For starters, be honest about your cash flows.

Microsoft Teams has played a critical role in keeping NAI Partners' employees connected, enabling the entire company to effectively telework and collaborate on projects despite not being in the same physical space.

JLL closed the sale of the five-property, 539,109-square-foot portfolio in Tinley Park, IL to Boston-based buyer, High Street Logistics Properties.

While CBRE is optimistic about the larger US economy's recovery, commercial real estate will take a longer time.