Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
With this addition, Fort Capital has acquired more than 2.5 million square feet of industrial assets within two years with a goal to acquire an additional 5 million square feet of industrial assets by third quarter 2021.
The enforcement action follows two notices of violation sent to the facility following citizen complaints and inspections by DEP staff documenting malodors, as well as the installation and operation of equipment without DEP authorization, the DEP states.
An auction for the assets of Destination Maternity is scheduled to take place on Dec. 9, 2019. The deadline to submit qualified bids is Dec. 5, 2019, and the company expects to seek court approval of the winning bid on Dec. 12.
If confirmed, Gramian will replace outgoing PennDOT secretary Leslie S. Richards, who will become general manager of SEPTA in January. Gramian will assume the role of acting PennDOT secretary effective Friday, Dec. 6, 2019.
The mayor introduced the proposals to the City Council last week that would terminate the Pershing/King TIF district, the Harlem Industrial TIF district, the Irving Park/Elston TIF district and the South Works Industrial TIF district on Dec. 31 2019.
In this EXCLUSIVE, Adam Hooper of RealCrowd shared insights about what the inverted yield curve means for the commercial real estate industry and the opportunities in the current market climate.