Monmouth Real Estate Investment Corp. acquired a 38,833 s/f industrial building located at 5795 Logistics Pkwy. at a purchase price of $5.2 million. The built to suit property was completed in 2012 and is net-leased for 15 years to BE Aerospace, Inc. with 12.7 years remaining. The building is situated on 7.42 acres at the Rockford International Airport and is expandable by an additional 80,000 s/f.
Houston, TX Simi Capital acquired a three-property, 359,000 s/f small-bay industrial portfolio. The transaction, completed in a joint venture with Decker Capital, marks Simi
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of