Industrial

In its announcement, the company revealed that Newmark Group chief operating officer James R. Ficarro resigned from the company, effective Nov. 14.

Despite a relatively quiet third quarter, Colliers believes year-end transaction volume will top 15.6 million square feet.

Single-building industrial assets are trading at an all-time high in Southern California, with pricing averaging $235.34 per square foot.

The new 200,000-square-foot processing facility is expected to save 60,000 tons of carbon annually by using post-consumer materials and produce 80 million pounds per year of food-grade rPET pellets.

Las Vegas has had tremendous population and job growth, but new self-storage construction may outweigh the demand.

Industrial transactions in Los Angeles' middle markets has already nearly topped 2017's numbers, with two months remaining.

The fulfillment provider is relocating operations from 235 Barnum Road in Devens where it occupies 184,077 square feet. The lease deal was announced by brokerage firm Newmark Knight Frank.

Hilton's first tri-branded property is the most recent completion in what is quickly one of the hottest submarkets whose evolution is supporting both new development and giving new life to some historic structures.