Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
Buyers want well-located assets occupied by a solid tenant with a long-term lease in place, but limited opportunities are available for that type of trade.
The total transaction value of REIT M&As was $81.75 billion from January to Oct. 4 of this year, compared to $33.37 billion during the same period last year, according to S&P Global Market Intelligence.
Regulations including seismic retrofit requirements and potentially expanded rent control laws are giving San Francisco apartment owners more incentive to sell.
Last month, Warby Parker opened a store in a former GameStop next to a Chick-fil-A in Raleigh, North Carolina. In April, the eyewear brand debuted in Alabama.