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MCA Realty, Inc., a real estate investment company based in California, announced the acquisition of West Valley Distribution Center, a three-building 138,296-square-foot multi-tenant industrial portfolio located in Kent, Washington. The firm acquired the property from Tamarisk West Valley LLC with its MCA Realty Industrial Growth Fund II. MCA now owns three industrial properties encompassing 268,843…
A series of task forces designed to bring outside thinking to the Federal Reserve will include the “best minds,” Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed’s management of the economy — on artificial intelligence — those outside minds all seem to lean in the same…
Los Angeles County’s taxable property values reached a record $2.272 trillion at the start of 2026, rising 4.42 percent year-over-year despite the devastating wildfires 17 months ago, and despite a real estate market that in some ways is still recovering from the COVID pandemic. The assessment roll reflects property values as of Jan. 1, and…
Nvidia (NVDA +0.25%) has held the position as the world’s biggest company since about a year ago, when it became the first to reach $4 trillion in market value. It soared past former leaders Apple (AAPL 2.11%) and Microsoft. But in recent days, Apple, which hasn’t climbed as much as its peers during the artificial…
The rebranding of NAIOP to the Commercial Real Estate Development Association didn’t occur overnight—the association has worked for years on crafting its new identity. Nor is it the first time the organization has undergone a name change; in fact, President and CEO Marc Selvitelli told Connect CRE, the new name is its fifth since its establishment as the National…
Heart to Heart Homecare, a home health and personal care provider, is bringing its services to the South Bronx. The home care services agency, which provides nonmedical assistance to seniors and individuals with disabilities, has signed a 10-year, 12,500-square-foot lease for a new office at 369 148th Street, Commercial Observer has learned. SEE ALSO: Nvidia…