Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Global supply chain disruptions have sent industrial tenants into a leasing frenzy, pushing warehouse vacancy to unprecedented lows. Prologis’...
Development
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First-time fund managers bet $480M on self-storage across US
A pair of first-time real estate fund managers are betting half a billion dollars on the ever-resilient self-storage sector....
Miami
From Dubai to Surfside: Inside Damac’s plans to redevelop the tragic site
Hussain Sajwani has made a career out of going against the tide. While his compatriots scaled back after the...
Can creative placemaking make a building more successful? Skylight’s Stephanie Blake thinks so
Legendary real estate investor Harry Helmsley took special pride in finding what he termed the “romance” in a property: the parts of it that...
Developers incorporating “wellness” into more and more projects
Developers have incorporated “wellness” amenities and designs into more and more projects over the past several years. Some 740...
Evergrande isn’t only Chinese developer in deep debt
China Evergrande Group isn’t the only Chinese developer with mounting debt problems. Fantasia Holdings Group missed a $205.7 million...
Los Angeles
Developers ramp up adaptive reuse projects in LA and beyond
Adaptive reuse projects are proliferating across the country and no place has more in the works than Los Angeles....
Lumber prices back on the rise
The roller coaster ride that is lumber is still going strong. In the past month, the price of lumber futures has soared nearly 40 percent to $672.50 per thousand board feet, near a pre-pandemic...
Chicago
In Chicago burbs, brokers are bullish on Bears deal
The Chicago Bears’ move to the suburbs is stirring passions on both sides of the city limits, with hometown...
Miami
Dubai developer revealed as $120M bidder for Surfside collapse site
UPDATED, Sept. 24, 3:30 p.m.: Damac Properties, a Dubai-based developer, is the stalking horse bidder for the collapse site...
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