Cherre | July 22, 2020
Cherre, the NYC-based real estate data and analytics platform, today announced a new data partnership with Rental Beast, the only fully integrated SaaS platform in the real estate market with a comprehensive listing database of over eight million rentals nationwide. By joining Cherre's growing Data Partner Network, mutual customers will be able to easily incorporate rental listing data into Cherre's platform for a comprehensive view of markets and properties under consideration.
REAL ESTATE INVESTMENT
prnewswire | November 17, 2020
As a feature of its procedure to draw in with occupants both on location and on the web, Nuveen Real Estate, a main worldwide land supervisor, revealed the work environment experience innovation Lane at one more of their milestone properties. The move will bring Lane's honor winning web and portable stage to The Gardens at 780 Third Avenue, one of Nuveen's chief office towers, situated between East 48th and 49th roads in Midtown Manhattan's desired Plaza District.
Nuveen's dispatch of Lane at the 500,000 sq. ft. Class An office space concurs with a $40 million friendliness and manageability centered remodel. To enable Nuveen to accomplish these objectives, the Lane stage will furnish occupants at The Gardens with an across the board "controller" for the working environment—permitting them to do everything from request lunch to book a gathering space to join a yoga class—all while giving property supervisors a successful device for building-wide correspondences, access the executives and tasks. For the time being, Lane will fill in as a critical device for imparting building strategies and conventions in light of COVID-19.
"We are pleased to support Nuveen as they deliver a more seamless, engaging, and digitally powered office experience to tenants at 780 Third and across their portfolio," said Clinton J. Robinson, CEO and Co-Founder of Lane. "An all-in-one platform for the workplace, Lane is uniquely positioned to bring together the many facets of the work environment in a way that is intuitive, intelligent, and fosters connection with tenants—whether they're physically in the office or not. Lane's booking feature will also help Nuveen set up its new flex office and fitness space offerings at The Gardens."
"780 Third Avenue is in the midst of a capital-intensive redevelopment with improved tenant experience as a major priority," said Brian Wallick, Director of New York Investments for Nuveen. "We are integrating new amenities such as a coffee bar, sustainability-driven restaurant, and modernized wellness center, in addition to an entirely tenant-focused coworking floor with an option to book private conference rooms."
Before turning out Lane at The Gardens at 780, this late spring, Nuveen dispatched Lane's foundation at Waterford Business District in Miami, one of the biggest corporate office edifices in the southeast U.S. Traversing 250 sections of land and lodging in excess of 100 worldwide companies, Lane's foundation has changed the rambling grounds into a flourishing, associated environment.
"We are excited to partner with Lane at another property in our portfolio to the benefit of our tenants at The Gardens at 780 and the surrounding community," said Jacinda Lofland, Director of Strategy & Innovation for Nuveen. "The digitalization of our office portfolio is a key initiative that we will continue to invest in. With Lane, we are able to provide our tenants with a consistent, user-friendly digital interface while building out additional features and integrations into the background over time. The platform also enables us to communicate more consistently with our tenants, providing important building information and soliciting tenant feedback via short-form surveys."
Lane was founded in 2014 to deliver the future of work to commercial real estate properties around the world. The first technology solution of its kind, Lane's workplace experience platform addresses the needs of the entire workplace ecosystem — from corporate tenants and their employees, to asset managers and on-site building teams, to retail tenants, visitors, and everyone in between. With clients such as Colliers, Hullmark, Dream, Atlas, Brookfield Properties, and Kipling, Lane currently operates in 150 buildings and 300 million sq. ft. of commercial real estate in major cities across North America and around the world, including New York, Los Angeles, Sydney, Dubai, Houston, Dallas, San Francisco, Denver, Washington D.C., Toronto, Vancouver, Calgary, and Montreal. As part of its global expansion, Lane is currently launching with new clients in Brazil, Germany, and the United Kingdom.
About Nuveen Real Estate
Nuveen Real Estate is one of the largest investment managers in the world with $127 billion of assets under management. With over 80 years of real estate investing experience and more than 660 employees* located across over 25 cities throughout the United States, Europe and the Asia-Pacific region, the firm offers unparalleled geographic reach, which is married with deep sector expertise. *Includes 315+ real estate investment professionals, supported by a further 345+ Nuveen employees.
Brennan Investment Group | May 19, 2020
Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial real estate facilities throughout the United States.
Under CRES, Brennan will help companies improve supply chain efficiency by purchasing surplus industrial real estate, providing customized build-to-suits.
CRES will undertake both single transactions and multi-property, multi-location portfolio acquisitions.
Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial real estate facilities throughout the United States has announced its corporate real estate initiative, under the Corporate Real Estate Solutions (CRES) brand. Under CRES, Brennan will help companies improve supply chain efficiency by purchasing surplus industrial real estate, providing customized build-to-suits, and entering into both long- and short-term sale leasebacks. With a nationwide portfolio of 44 million square feet and nine offices, Brennan's national platform is uniquely positioned to provide integrated industrial solutions for Corporate America.
Corporations, not investors, own the majority of our nation's industrial land and buildings. Further, more than at any time in history, supply chain designs are rapidly evolving with the goal of minimizing disruptions. Whether caused by port-of-call labor disputes, geopolitical uncertainties, or supply disruptions from pandemics, Corporate America has begun a supply chain reconfiguration process that will require a decade to complete. Brennan will offer its platform, its capital, and its expertise to rebuild the backbone of our nation's industrial infrastructure,
Michael Brennan, Chairman and Co-Founder of Brennan Investment Group.
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Beyond geopolitics or pandemics, advances in technology have also accelerated supply chain reconfigurations. "For years, the United States lost much of its manufacturing base to low cost labor countries," observed Brennan, "but technology, such as robotics, removed the comparative advantage of cheap labor, allowing companies to repatriate back to U.S. shores. The technology catalysts that drove e-commerce will do the same for the manufacturing sector."
Brennan's CRES initiative will continue to serve the traditional needs of corporations, including sale leasebacks. Through its single-tenant net lease division, Brennan has acquired over 20 million square feet of mission critical buildings. Robert Vanecko, Managing Principal and head of Brennan's single-tenant net lease division observed, "the desire to be 'asset light' is a key driver. This liberates new capital for our tenant and also increases the value of the tenant's operating business. The presence of private equity firms purchasing operating companies has accelerated the 'asset light' operating model."
Organized to provide customized solutions, CRES will undertake both single transactions and multi-property, multi-location portfolio acquisitions. The essence of CRES is quite simple: to help corporations. If that means purchasing a single surplus asset, we'll do it. If it's a build-to-suit, an expansion of an existing facility, a portfolio of assets, or any combination of that, we'll do it. We want to say 'yes' as often as we can,
Scott McKibben, Brennan's Chief Investment Officer and Managing Principal.
The criteria for the new CRES program is as follows:
• Size: $3 million up to $500 million
• Locations: Top 100 MSA's
• Property Types: distribution, manufacturing, light industrial, R and D
• Transaction Types: surplus assets, long- and short-term sale leasebacks, build-to-suits, expansions, single assets or portfolios
• Credit: investment grade or non-investment grade
"Our CRES program is well suited for this environment," commented McKibben. "Its broad reach can help both large and smaller corporations, in up to 100 MSA's, with an ability to undertake the simplest to the most complex transactions."
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About Brennan Investment Group
Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired over $4 billion in industrial real estate. The company's current portfolio spans 29 states and encompasses 44 million square feet.