The office tower will be fully leased by global pharmaceutical and healthcare products distribution firm AmerisourceBergen. The office complex will serve as the global headquarters for the company.
Running up to the year-end, many retail investors are thinking about gleaning insights to optimize their store counts and addressing logistical challenges for an omni-channel retail platform.
Upon their acquisition of the Ballantine Industrial Center, Turnbridge and their investment partners immediately began a capital improvement program of more than $10 million aimed at creating a modern and flexible industrial property.
The trustees of the Masonic Hall & Asylum Fund have acquired The College of New Rochelle, a 15.6-acre college campus in New Rochelle, N.Y. for $32 million.
The assets will join KKR’s Alpha Industrial Properties portfolio, bringing the total portfolio to ten million square feet across eight high-growth markets in the U.S.
The development will grant access to Mott Haven’s waterfront for the first time in more than a century through the creation of a 34,000 square foot public waterfront and promenade.
Net lease investors range from strictly passive and “hands-off” investors to highly sophisticated privately and publicly held real estate operators who view the investment type as consistent in generating levered and un-levered yields.
Cushman & Wakefield brokered the transaction, which saw an incredible amount of interest, more so than almost any property the Bronx team has listed this year.
#amirKorangy #apartmentbuildings # commercialbuildings #bobknakal #brokerage #CommercialBrokerages #commercialobserver #commercialRealEstate...
