Commercial real estate is among the least diverse industries on the planet, according to Adeola Adejobi, attorney and founder of New York-based Avant-Garde Network, an events company that advocates for diversity and inclusion for professionals of color. NREI recently spoke to Adejobi about some of the key takeaways from the event and the state of diversity in commercial real estate today.
A short drive outside Los Angeles lies one of the world’s biggest warehouse complexes. Gene Seroka says its 1.8 billion square feet of capacity -- enough room to house 9 million cars -- is “bursting at the seams.”
Facebook Inc. is in talks to take on a much bigger lease at Manhattan’s Hudson Yards, giving the social media company space across three buildings at the $25 billion mega-project, according to people with knowledge of the matter.
Economist now see a greater possibility of another rate cut in September, reports the Wall Street Journal. Forbes offers real estate investing tips for family offices. These are among today’s must reads from around the commercial real estate industry.
