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Office Developers Gear Up for Strong 2022
While many are expecting a pause in 2020 or 2021, office developers are starting projects today to deliver into what is forecasted to be a strong market in 2022, GlobeSt.com reports EXCLUSIVELY. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Amazon Plans Fulfillment Center in Findlay Township, Pennsylvania
Amazon will invest $30 million to open a fulfillment center creating more than 800 full-time jobs in Allegheny County, Pennsylvania. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service
eHealth Locates Operations Headquarters & Tech Center in Indianapolis
eHealth Inc., a private online health insurance exchange, will establish its new Eastern U.S. Technology and Operations Headquarters in Indianapolis, Indiana. The company is expected to employ up to 500 Hoosiers by the end of 2023. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service
MRP Realty JV Buys Washington Gateway Assets
The company has partnered with Barings to develop phases II and III. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
International Investor Pays $146M for NJ Workforce Housing Portfolio
CBRE reports that a bidding process for the 1,035-unit portfolio attracted more than 33 offers. The portfolio benefits high occupancy, 4.1% average annual rent growth since 2014 and high resident retention. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Two Iconic South Shore Multifamily Properties Trade for Nearly $17M
The sale of the two properties—Shorewind Towers at 7000 South Shore Drive, and Shorewind Court, nearby at 6951 S. Oglesby Ave.—was the largest by dollar amount and unit count in the submarket in the last 10 years, according to CoStar. Both properties were originally built nearly a century ago. Continue Reading at GlobeSt.com Click…
Apartment Investment Heats Up in Indio
An experience Inland Empire apartment investor buys a property in Indio, the third fastest growing city in Southern California. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Davlyn Investments Buys Metro Gateway for $60M
The 187-unit new construction apartment property in Riverside traded hands in an off-market deal. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Is The Yield Curve Foretelling a Downturn?
The 10-year/3-month yield curve has inverted, and some developers are shifting to a long-term strategy as a result. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
442 Residences Opens in Long Beach
Developer Ensemble Investments has completed the seven-story, 94-unit apartment project in Downtown Long Beach. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service