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Bigger not always better: The case for light industrial

by Andrea Zander | Oct 11, 2019

Demand for well-located, small light-industrial properties—less than 120,000 square feet, continues to outpace that for larger warehouses, largely driven by local economic activity, urban population growth and same-day delivery expectations…
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37th Parallel Properties enters Atlanta market

by Released | Oct 11, 2019

37th Parallel Properties Investment Group, a privately held Richmond, Va.–based multifamily real estate investment firm, has acquired Park on Clairmont in Atlanta. The acquisition marks the firm’s entry into Atlanta,…
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U.S. institutional investors incorporating ESG factors

by Released | Oct 11, 2019

About 42 percent of U.S. institutional investors incorporated environmental, social, and governance (ESG) factors into their investment decision-making process in 2019, according to Callan in its seventh annual ESG Survey.…
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Olshan to build hotel in Columbus

by Released | Oct 11, 2019

Olshan Properties has broken ground on a new, 136-room Aloft Hotel at Easton Town Center located in Columbus, Ohio. The new Aloft will become Olshan’s fourth hotel at Easton and…
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LACERA sells 50-story Manhattan tower for $400m

by Kali Persall | Oct 11, 2019

The Los Angeles County Employees' Retirement Association (LACERA) has sold a 50-story Manhattan luxury apartment tower to Global Holdings Management Group for roughly $400 million. Located at 10 East 29th…
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Recent commercial real estate transactions

by Lisa Yan | Oct 11, 2019

Transactions reported this week include an office building in Los Angeles. The Carlyle Group has purchased the 648-unit Sofia Los Angeles apartment complex at 1120 W. Sixth St. in the…
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Senior housing occupancy strengthen nationwide

by Andrea Zander | Oct 11, 2019

Senior housing occupancy increased to 88.0 percent in third quarter 2019 from its lowest level in eight years (87.7 percent) recorded during the previous quarter, according to new data from the National…
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ROSS buys community in Richmond opportunity zone

by Released | Oct 11, 2019

ROSS Cos. has acquired Hampstead Apartments, a 98-unit community in an opportunity zone within Richmond, Va. Mission Bay Investment sold the property for $7.2 million ROSS Cos. has begun to…

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