The Wall Street Journal reports that all vessel traffic in and out of the Port of Baltimore is indefinitely suspended.

As of June 30, 2022, Griffin Realty Trust, the former name of Peakstone Realty Trust, owned a portfolio of 121 properties, which was approximately 93% leased and 92.7% occupied with a weighted average remaining lease term of 6.1 years.

Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust investment (DST) programs, announced it has fully subscribed BR Diversified Industrial Portfolio I, DST (DIP I) program with $46.5 million in equity from third-party investors and $36.5 million in first mortgage proceeds.

The investment reinforces NexPoint’s commitment to life sciences real estate, which continues to be a key area of growth across NexPoint’s real estate platform.

Join James Carpenter (Cushman & Wakefield), Scott P. Sealy, Sr. (Sealy & Company), Jason B. Gandy ((Sealy & Company), and Paul M. Barausky (Sealy Investment Securities) for a discussion on the 2024 Industrial Real Estate Outlook.  

The site is considered an Opportunity Zone within the Charlotte MSA, and is expected to be developed into approximately 850,000 to 930,000 square feet of industrial warehouse space across two phases.

Lincoln Property Company Southeast (Lincoln) has secured five leases at Forsyth 400 Commerce Center, a two-building industrial complex in Cumming, Georgia.

BREIT reported that its received $1.8B in redemption requests in November, an 18% drop from the previous month and a 66% decline from January, when the withdrawal requests peaked.

Kay explained that the Cove Essential Net Lease 58 DST is an all-cash/debt free, zero leverage offering for 1031 Exchange and Direct Cash Investors...