Some New York landlords struggle to keep up with new rent laws, reports the Wall Street Journal. The New York Times looks at the impact of e-commerce on the city. These are among today's must reads from around the commercial real estate industry.
Including debt, the deal is valued at $12.6 billion. Prologis is buying a portfolio of 107 million square feet of logistics properties that’s owned or managed, as well as buildings under construction and land for future development.