Report: NYS Growth is Increasingly Concentrated Downstate

Jul 13, 2026

New York State remains one of the nation’s largest economic engines, but growth increasingly is concentrated downstate and in a few upstate urbanized employment centers, the Citizens Budget Commission (CBC) reported Monday. Outside the opportunity corridor, encompassing the New York City metro area and the Capital…

Capital Markets Economy U.S. National New York New York

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Newmark Arranges $132M Sale of Northern Virginia Industrial Portfolio

Newmark has arranged the $132 million sale of the Featherstone Industrial Portfolio, a 13-building, 734,606-square-foot industrial portfolio in Woodbridge, Virginia, approximately 23 miles south of Washington, D.C. Senior Managing Director Ben McCarty, Executive Managing Directors Cris Abramson and Will Bradley,…

Capital MarketsIndustrial & LogisticsU.S. NationalWashington, DC

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·Published Jul 13, 2026

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Marcus & Millichap Closes Sale of North Shore Industrial Condo

Marcus & Millichap closed the sale of an industrial condominium at 30 Log Bridge Rd. in Middleton, MA. The asset sold for $2,525,000. “The quality of this industrial condo drove interest from owner-users and investors,” said Mattias Edenkrans, associate director investments in Marcus & Millichap’s Boston office.…

Capital MarketsOfficeIndustrial & LogisticsU.S. NationalBoston

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Rubicon Point Acquires Three-Building Office Complex Near Apple Headquarters

Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino. Although the buyer didn’t disclose the acquisition price, the Silicon Valley Business Journal recently reported it as more than…

Capital MarketsOfficeHealthcareU.S. NationalSan Jose

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Sabey Data Center Properties Receives Strategic Investment from Ares

Sabey Corporation and National Real Estate Advisors announced that Ares Secondaries funds have made a minority equity investment in Sabey Data Center Properties (SDCP), an owner, developer, and operator of data centers across the United States. SDCP is a fully integrated data center platform jointly owned and…

Capital MarketsData CentersAlternativesU.S. National

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Condo High-Rise Launches Construction in Sunnyside

Construction has begun at 51-02 Roosevelt Ave., a 19-story condominium rising at the border of Sunnyside. The development is led by Hiwin Group USA, whose previous work includes 300 W. 30th St. in Chelsea, a 16-story, 69-residence condo project that sold out in nine months. Scheduled for delivery in 2029, 51-02…

Capital MarketsMultifamilyU.S. NationalNew York

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Net Lease Cap Rates Tick Upward in Q2 2026

Overall single-tenant net lease cap rates increased two basis points to 6.82% in the second quarter of 2026, The Boulder Group reported. Retail cap rates increased five bps to 6.60% and industrial cap rates increased 10 bps to 7.25%, while office cap rates remained unchanged at 7.90%, according to the Second…

Capital MarketsOfficeIndustrial & LogisticsU.S. National

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