JRT Realty Group, a national commercial real estate provider, has brokered three of the ten largest Queens commercial real estate leasing transactions for 2019, more than any other firm listed in the top ten.
The cargo growth was bolstered by a 2.6% increase in imported goods including clothing, furniture, electronics and other everyday products over the previous record for imports set in 2018.
The financing was arranged by JLL Capital Markets and provided by Prime Finance for the 330,631-square-foot office building that PAG Investments purchased from Mack-Cali Realty of Jersey City in late 2019.
Coworking firm WeWork has appointed former Brookfield Properties chief executive Sandeep Mathrani as chief executive officer of the company.
The owner and developer of the Philadelphia site, Richard Zeghibe—founder of Patriot Parking—is expecting to break ground on the building in the second quarter of 2020 and plans to complete construction in the fourth quarter of 2021.
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.
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