HPT to acquire $2B net leased portfolio of stores, gyms, restaurants
Hospitality Properties Trust (HPT) announced a deal to acquire a net lease portfolio from Spirit MTA REIT (SMTA) for $2.4 billion. The portfolio consists of...
Tag : commercial
City construction appears to be nearing ‘plateau’
During the first half of 2018, five of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume showed increased...
Related unveils new lobby, courtyard at Blanchard in LIC
Related Companies unveiled the new lobby and courtyard at the reimagined Blanchard Building in Long Island City. Located at 2110 51st Avenue, the seven-story, 220,000-square-foot...
Kaufman signs Gear Patrol as first tenant at 236 5th Ave
The Kaufman Organization announced that Gear Patrol, a men’s luxury lifestyle magazine and media company, has signed a 7,500-square-foot lease to become the first tenant...
Broker confidence dips as leasing worries mount
The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the first quarter of 2018 was 5.78 out of 10, a...
New York investment sales continue to tumble
Investment sales remain on the decline in New York City, dropping below $17 billion during the second half of last year. Total consideration dropped by...
The fundamentals of securing the best rate on your commercial mortgage
By Stephen A. Sobin, President and Founder of Select Commercial Funding Every commercial mortgage loan applicant invariably asks the same questions: “What are commercial mortgages rates...
WiredScore releases connectivity standards for commercial buildings
WiredScore, the company behind the international standard for rating Internet connectivity in commercial buildings, has released the Wired Certification Guidelines for Commercial Developments and Redevelopments....
Report: CRE execs bullish on industrial sector in 2017
Altus Group Limited, in collaboration with the National Association of Real Estate Investment Trusts (NAREIT) and the National Council of Real Estate Investment Fiduciaries (NCREIF),...
Growing marijuana sector creating opportunities in commercial real estate
Industrial real estate is being shaken up by a growing marijuana industry. Panelists at a CREW New York event focused on the industrial real estate...