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Development - Page 53
Madison Realty Snags Distressed Queens Office
Developer and supermarket owner Jeffrey Wu has handed over a 100,000-square-foot office and retail building in Queens, N.Y., in an attempt to settle his bankruptcy case. The transaction, brokered by Newmark’s Adam Spies and Daniel O’Brien, was closed with an…
The Retreat Turks & Caicos in Grace Bay Celebrates A 100% Sellout
A new chapter in island living has arrived in Grace Bay. Last month, The Retreat Turks & Caicos hosted a celebration marking the development’s debut and the sale…
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Commercial - Page 53
Rubenstein Partners Inks Philly-Area Office Lease
The recently upgraded office building at 1400 Morris Drive is part of a 1.1 million-square-foot campus. Image courtesy of Rubenstein Partners Rubenstein Partners has added Arcfield as a tenant at Chesterbrook Corporate Center, a 14-building office campus totaling 1.1 million…
‘Big D’ Industrial Stays on Top
Pauli Kerr Despite economic uncertainties and shifts in market fundamentals, the Dallas-Fort Worth industrial sector continues to demonstrate growth and resilience, offering…
Ares Management Pays $44M for Boston-Area Asset
Completed in 2014, the distribution center is at 151 Charles F. Colton Road. Image courtesy of JLL Ares Management Real Estate has…
Small Bathroom Storage Ideas: Practical Tips & Solutions
Bathroom storage affects how the room looks and how well it works day to day. Without enough of it, toiletries, towels and…
Hillwood to Develop 2 Spec Buildings at AllianceTexas
Upon completion, Alliance Gateway 34 will measure about 310,000 square feet. Image courtesy of Hillwood Hillwood will begin construction next month on…
IQHQ Tops Out Bay Area Life Science Building
Spur Phase One will measure 330,000 square feet across eight stories. Image courtesy of McCarthy Building Cos. Inc. IQHQ has topped out…
NAREE Special Report: What Makes a Sports District a Home Run?
Sports franchises are realizing the value of leveraging their real estate, said Matt Weko, president of consumer goods & services at JLL.…
Office Report: Discounted Sales Multiply, Pressures Persist
With approaching maturities and high vacancies hitting most markets, discounted sales are rising in the office sector, according to the latest Yardi Matrix national office report. More specifically, a whopping 46 percent of assets sold at a discount this year…