Charlotte Industrial Asset Acquired for $97M, NYC Office Buildings Transforming into Residential Units

LM Real Estate Partners purchases a 1.4 million-square-foot facility in Charlotte for $97 million. Meanwhile, 64 office buildings in NYC are considering conversion into housing units. Stay updated on the latest developments in the commercial real estate market with Simply C.R.E.

Sources:
https://www.commercialsearch.com/news/lm-real-estate-pays-97m-for-charlotte-industrial-asset/
https://wv8l1anew5.preview-postedstuff.com/V2-eosv-ZUQhd-vPqM-ZBeCc/
https://nypost.com/2024/05/24/real-estate/64-nyc-office-buildings-are-looking-to-tranform-into-housing/
https://www.bizjournals.com/houston/news/2024/05/24/partners-real-estate-headquarters-move-galleria.html

Outline:
(00:00:00) Introduction
(00:00:43) LM Real Estate Pays $97M for Charlotte Industrial Asset
(00:03:19) 64 NYC office buildings are looking to tranform into residential units
(00:06:56) Partners Real Estate to move headquarters within Galleria area