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Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated ...
In addition, Northstar restores and leases other types of properties, such as warehouses, manufacturing centers, commercial offices, retail space, and senior care and medical facilities. [ 2 ] [ 5 ] In 2015, the firm launched Northstar Real Estate Opportunity Fund II, a $300 million private equity fund focused on institutional and private ...
In May 2006, MJW announced that, despite having paid $40 million for the building and investing another $10 million in the project, it would put the building up for sale. [14] Boyle Heights native and boxer Oscar De La Hoya, who said he used to shop as a child at the Boyle Heights Sears store with his mother, tried to revive the redevelopment ...
It has 59 Full Service Development offices across the United States, Europe, Canada and Asia. The company has delivered over 610 million square feet across these markets since inception, including 12 million square meters of warehouse space in Europe. [1] The company was founded in 1986 in the USA by Carl Panattoni. [2]
The company began construction on a three-floor warehouse in Seattle, Washington, in November 2016, which was the first multi-story warehouse in the country. [49] The following month, Prologis also outlined plans to build a three-story warehouse in San Francisco. [48] In December 2016, Prologis received two 2016 Eurobuild CEE Awards. [50]
Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...