"GlobeSt.com - New York" - 5 new articles
Recently formed net-lease REIT GreenAcreage Real Estate plans to provide capital to support sale-leaseback and build-to-suit transactions in the regulated cannabis industry.
In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).
Marcus & Millichap has been retained as the exclusive sales agent for the property anchored by BJ’s Wholesale Club, LA Fitness and Xscape Theatres in 228,664 square feet of space.
The Long-Island property, which is occupied by a USPS distribution facility, set a record sales price and cap rate, outside the state of California.
The workspace provider, valued at $1 billion, now leads the market in New York, San Francisco and Paris.
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