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Rajeev Gulati, the CEO of Mahashian Di Hatti (MDH), has purchased a bungalow in Delhi's Vasant Vihar for ₹36 crore. The bungalow spans 355 square meters and the transaction included a stamp duty of ₹2.16 crore. Gulati, the son of the late founder, can be seen in MDH's latest ad campaign. The Gulati family, who already resides in the area, has been looking to expand for some time.
As the commercial real estate world continues to evolve, are multiuse developments the key to the future?
Tamarac Business Center is fully leased after it signed three new tenants, and Boca Raton and Aventura are getting new organic grocery stores.
Coca-Cola renewed its lease at the Seneca Industrial Park in Pembroke Park, and the Plantation Walk mixed-use project scored three new retail tenants.
Share via Shortlink CenterPoint Properties CEO Bob Chapman and the warehouse at 4180 190th Street in Torrance. (GI Partners, Google Maps) No real estate sector has been bulletproof this year but the industrial market has shown the most resilience, with the surge in online orders leading to more logistics and warehouse leases. In Southern California, where industrial has long been a bright spot, leasing remained strong in 2020. The latest example is a lease for 93,000 square feet at a Torrance warehouse, according to the Los Angeles Business Journal. Landlord CenterPoint Properties Tru...