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Vacancy rate for industrial real estate exceeds 5% mark for first time in 12 quarters

Number hit 5.2% in Q4 of 2023 thanks to fast completion of new buildings, Cushman & Wakefield says

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MLB Players Association Inks 50K-SF Deal at 1325 Avenue of the Americas – Commercial Observer

The Major League Baseball Players Association (MLBPA) signed a 15-year, 50,000-square-foot lease at 1325 Avenue of the Americas.

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Cushman & Wakefield Arranges Sale of Recently | MultifamilyBiz com

ATLANTA, GA - Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Alexan Summerhill, a recently built 315-unit multifamily community in Atlanta’s Summerhill submarket. Robert Stickel, Alex Brown, Ashlyn Warren, Michael Kay, and Sim Patrick of Cushman & Wakefield represented the sellers in the transaction. The multifamily community was sold by Trammell Crow Residential and PGIM Real Estate, and acquired by Weinstein.

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In-Rel Buys Bethesda Office in $30M Distress Sale

In-Rel Properties has acquired 7500 Old Georgetown Road, a 16-story office building in Bethesda, Md., in a short sale,

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The Title of World s Priciest Retail Rent Resides in America

New York City’s Fifth Avenue is the champion address, as Swarovski, Tiffany and other stores help pull in big crowds after pandemic slump

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