Intercontinental Real Estate Corp. makes its first foray into the Los Angeles industrial real estate market, with the acquisition of a fully-leased last-mile distribution facility in Chatsworth.
Calabasas has become one of the most sought-after communities in Los Angeles. The multi-tenant office property went under contract within weeks of listing with multiple offers.
JLL Income Property Trust made its second major foray into the Phoenix industrial market by acquiring the Southeast Phoenix Distribution Center in Chandler for $91 million.
Keith Pierce, Transwestern vice president of research: “South Florida continues to face rising demand for quality industrial product based on its status as a gateway to Central and South America.”
Multifamily sales across top metros nationwide have increased significantly over the past decade. The transaction volume in 2019 alone was $129 billion, compared to $13.4 billion in multifamily sales in 2009.
The Golden State contributed 29 locations with average asking rents ranging from $58.70 to $109.57 per square foot per year. The second-most dominant representation in our top 50 was New York, which added a total…
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the…
Cushman & Wakefield represented the seller of 7000 West at Lantana. Encompassing 136,000 square feet of Class A Austin office space, the property was sold at 100% occupancy.
Key takeaways: More than 2,500 industrial buildings have been converted into office buildings, making it by far the most popular use-type to convert for office use. 90% of all office building adaptive reuses have occurred…
Commercial real estate data and listing platform CommercialSearch announced a collaboration with tech-driven CRE platform TenantBase that will allow brokers and tenants to collaborate more easily, leading to faster lease processes.
