Industrial Boomtowns: The U.S. Metros Where Logistics & Warehousing Grew Fastest

Data centers have dominated industrial headlines — and for good reason. But, demand for warehousing and logistics space remains strong in its own right: U.S. e-commerce sales reached…

Avenue of the Americas Sixth Avenue

Joint Venture Takes Ownership of 1301 Avenue of the Americas

DRA Advisors is entering into a joint venture agreement with New York-based real estate investment trust Rithm Capital for the ownership of 1301 Avenue of the Americas. DRA is set to take a 49% stake in the property with Rithm maintaining its majority share at the 1.7-million-square-foot, Manhattan, NY, office tower.

Hudson Yards developments

Sony to Potentially Anchor Tishman-Proposed Hudson Yards Tower

Sony is in the midst of negotiations to anchor Tishman Speyer’s planned 99 Hudson Blvd. office tower. If successfully concluded, the deal will enable the electronics giant to move its operations from its current Manhattan headquarters at 11 Madison Ave.