REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers and hotels.
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The $350 million revitalization of Pier 94 was led by a joint venture between Vornado Realty Trust, Hudson Pacific Properties, and Blackstone Real Estate.
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CEO Jon Bortz says REIT “significantly reinvesting” into LaSalle assets.
SVP Ron Becker said 3151 Market Street is likely to open in summer 2024 and will feature natural light throughout the building.
Rob Hays says warmer markets continue to be the clear winners.
CFO Jaap Tonckens says retailer uncertainty impacting rent growth.
Prologis’ Jeannie Renne-Malone says REIT continually upgrading existing assets.
David Gladstone expects produce prices to remain elevated until economy opens further.
CEO John Albright says REIT will look for “opportunistic buys” in 2024.
CEO Stephen Lebovitz says CBL attracting more productive retailers.
Michael Landy says industrial REIT’s returns have “handily outperformed” benchmark indices.
CEO Eric Bolton says the economy and job growth are thriving in the region.
CEO Sam Landy says UMH has internal and external expansion opportunities.
Michael Schall also sees opportunity in financing development deals as a preferred equity provider.
Early pandemic initiatives in the Bronx led to long-term partnerships for Urban Edge.
CEO Dallas Tanner says the REIT regularly examines sustainable options in order to be “impactful.”
Announcement follows earlier attempt by Prologis to acquire its fellow logistics REIT.
CEO John Moragne says REIT is as defensively positioned as possible.