New York Deal-making Primed
Labor Day’s over and the power players are heading back to town from their summer escapes. So get ready for some serious deal-making after a long, dry season.
WeWork, Amazon, Nordstroms and other large tenants and developers eye a broad range of premium sites that are primed for change.
Overseas Investors Unload U.S. Real Estate
European and Canadian investors have been active sellers recently, along with some high-profile investors from China. “U.S. real estate is priced very high right now, and people think we’re close to the top of the market,” said Matt Posthuma, a partner in Ropes & Gray’s asset management practice.
Industrial Markets Poised for Growth
“The Industrial & Logistics sector continues to generate strong momentum with the growth of e-commerce and a healthy U.S. economy, but opportunities vary depending on geography, asset type and other factors,” said Jack Fraker Vice Chairman and Managing Director of CBRE Global Industrial & Logistics, in a statement. “Investors seeking higher yields can find them in several markets still hitting their stride as hubs. These markets offer the infrastructure, labor availability, connectivity to major ports, and the real estate fundamentals needed to support strong growth going forward.”
Actio will sponsor the
CCLR Meeting in Brooklyn, New York in November.
Join is there, or
contact us to discuss how we can apply our insights from the conference to your company's advantage.
Improving Company Performance through Corporate Real Estate
will be at the IAMC Fall Forum in Milwaukee, Wisconsin September 14-18
Align your real estate portfolio with your corporate goals.
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