Blackstone is all-in on industrial, viewing the favored asset class that has seen vacancies at record-lows as poised for even greater growth, and is tapping the retail market more broadly through its non-traded REIT BREIT.
Commercial real estate firm Current Real Estate Advisors is taking a different approach to the traditional way customer acquisitions and leases are done. The firm is leveraging social media to engage new customers and find retail and office space for clients.
Hotelier Sam Chang has acquired an assemblage of development parcels with varying air rights and sizes at 148-166 West 48th St., formerly referred to as 150 West 48th St, in Midtown Manhattan.
Numerator will utilize the space as its new global headquarters. The company reports the space will accommodate Numerator’s planned increase from its current 250 Chicago-based workforce to more than 350 by 2022.
Commercial real estate lending and investment advisory firms Greystone and Philadelphia-based Rittenhouse Realty Advisors have announced they are combining their capabilities to form a joint venture to bulk-up their offerings to focus on the Mid-Atlantic and Northeast regions.
Andrea Mancino, the newly appointed executive vice president at construction firm Bright Power in New York, is blazing a path in an industry that has traditionally been male-dominated.
The deal brokered by CBRE involves Arc’s move this April from its current administrative offices at 1465 Route 31 South in Annandale to the 277,000-square-foot property owned by Shelbourne Global Solutions of New York City.
Commercial real estate finance company Walker & Dunlop has acquired capital markets advisory firm AKS Capital Partners in an initiative to grow its offerings to service the capital markets sector.
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