Commercial real estate brokerage firm NAI Global says the U.S. retail, office and industrial real estate markets saw healthy demand in the second quarter 2017. Rising rental rates
STAG Industrial Acquires Two More Warehouse Facilities
STAG Industrial, Inc. (NYSE: STAG) has acquired a warehouse and distribution center of some 217,000 square feet in Springfield, Massachusetts. The firm also acquired a manufacturing and warehouse facility of 108,000 square feet in Michigan, in a deal reportedly worth $13.4 million.
TIAA-CREF to Invest $1.09 Billion in 4 CBL Shopping Malls
Today, institutional real estate investor TIAA-CREF announced a $1.09 billion join venture with CBL to invest in four shopping malls. The shopping malls are Oak Park Mall in Kansas City, KS, CoolSprings Galleria in Nashville, TN, County Center in St. Louis, MO, and Pearland Town Center in Pearland, TX. According to Stephen Lebovitz, president and
Duke Realty Closes on 43 of 56 Properties
Duke Realty Corporation, one of the largest commercial real estate companies in the United States has just closed on 43 of the 56 properties it acquired from Premier Commercial Realty.