Self storage

Burlington Stores, Inc. Expands by 67,865 Square Feet to Occupy a Total of 170,763 Square Feet at 1400 Broadway

Retrieved on: 
Thursday, February 8, 2024

Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Burlington Stores, Inc. signed an expansion lease for an additional 67,865 square feet of office space across two full floors at 1400 Broadway.

Key Points: 
  • Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Burlington Stores, Inc. signed an expansion lease for an additional 67,865 square feet of office space across two full floors at 1400 Broadway.
  • With this expansion, Burlington will occupy a total of 170,763 square feet within ESRT’s portfolio across five full floors, with a new 16-year lease term for the expansion space coterminous with the current office space.
  • View the full release here: https://www.businesswire.com/news/home/20240208772474/en/
    After an initial deal in 2010 for 35,182 square feet, Burlington has expanded with ESRT three times at 1400 Broadway for 135,581 additional square feet of space.
  • Shanae Ursini, Scott Klau, Neil Rubin, and Erik Harris represented the property owner.

Ronto's Infinity High-Rise Under Construction In Bonita Springs Florida

Retrieved on: 
Thursday, February 8, 2024

BONITA SPRINGS, Fla., Feb. 8, 2024 /PRNewswire/ -- Construction of the new Infinity high-rise at The Colony in Pelican Landing in Bonita Springs, Florida is underway.

Key Points: 
  • BONITA SPRINGS, Fla., Feb. 8, 2024 /PRNewswire/ -- Construction of the new Infinity high-rise at The Colony in Pelican Landing in Bonita Springs, Florida is underway.
  • The collection of 96 luxurious residences over 22 stories is being developed by The Ronto Group in partnership with Wheelock Street Capital.
  • Infinity will showcase resort-style amenities including a landscaped exterior amenity deck with multiple swimming pools.
  • Infinity's south and west facing 01-residences offer 3,890 square feet under air with four bedrooms, four-and-a-half baths, and a den.

Lead Real Estate Co., Ltd Announces Contracts to Build Three Luxury Family Hotels

Retrieved on: 
Wednesday, February 7, 2024

Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.

Key Points: 
  • Tokyo, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture and Sapporo, today announced the receipt of contracts to construct three luxury family type hotels in Japan.
  • This property will start construction in March 2024 with a scheduled completion in October 2024.
  • Each of the properties will be equipped with a gym, kitchen, bathroom, laundry, and work space.
  • “We are excited to receive these contracts,” said LRE chief executive officer Mr. Eiji Nagahara, “Family type hotels are currently enjoying exceedingly high occupancy rates across Japan and usually remain fully booked shortly after opening.

Women take more antidepressants after divorce than men but that doesn’t mean they’re more depressed

Retrieved on: 
Wednesday, February 7, 2024

Research out today from Finland suggests women may find it harder to adjust to later-life divorce and break-ups than men.

Key Points: 
  • Research out today from Finland suggests women may find it harder to adjust to later-life divorce and break-ups than men.
  • But it’s too simplistic to say women experience poorer mental health or tend to be less happy after divorce than men.

Remind me, how common is divorce?

  • More couple are choosing to co-habitate, instead of marry, and the majority of couples live together prior to marriage.
  • Divorce statistics don’t include separations of cohabiting couples, even though they are more likely than married couples to separate.
  • The median age of divorce increased from 45.9 in 2021 to 46.7 in 2022 for men and from 43.0 to 43.7 for women.


The trend of late divorces also reflects people deciding to marry later in life. The median duration from marriage to divorce in 2022 was around 12.8 years and has remained fairly constant over the past decade.

Why do couples get divorced?

  • People are opting not to be in unhappy marriages, even if there are children involved.
  • Read more:
    How last night's fight affects the way couples divide housework

    “Grey divorce” (divorce at age 50 and older) is becoming increasingly common in Western countries, particularly among high-income populations.

  • While factors such as an empty nest, retirement, or poor health are commonly cited predictors of later-in-life divorce, research shows older couples divorce for the same reasons as younger couples.

What did the new study find?

  • The study tracked antidepressant use in Finns aged 50 to 70 for four years before their relationship breakdown and four years after.
  • They found antidepressant use increased in the four years leading to the relationship break-up in both genders.
  • Within a year of the break-up, antidepressant use fell back to the level it was 12 months before the break-up.


The researchers also looked at antidepressant use after re-partnering. There was a decline in the use of antidepressants for men and women after starting a new relationship. But this decline was short-lived for women.

But there’s more to the story

  • For instance, data suggesting women experience depression more often than men is generally based on the rate of diagnoses and antidepressant use, which does not account for undiagnosed and unmedicated people.
  • This is also the case in Australia, where in 2020–2022, 21.6% of women saw a health professional for their mental health, compared with only 12.9% of men.

Why women might struggle more after separating

  • This is particularly the case for women with young children and older women.
  • So what factors might explain why women might experience greater difficulties after divorce later in life?
  • Research investigating the financial consequences of grey divorce in men and women showed women experienced a 45% decline in their standard of living (measured by an income-to-needs ratio), whereas men’s dropped by just 21%.
  • These declines persisted over time for men, and only reversed for women following re-partnering.

Separation can be positive


For some people, divorce or separation can lead to increased happiness and feeling more independent. And the mental health impact and emotional distress of a relationship dissolution is something that can be counterattacked with resilience. Resilience to dramatic events built from life experience means older adults often do respond better to emotional distress and might be able to adjust better to divorce than their younger counterparts.
Raquel Peel does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Moving Abroad? U-Haul International Moves is Making It Easy

Retrieved on: 
Tuesday, February 6, 2024

PHOENIX, Feb. 6, 2024 /PRNewswire/ -- Every new year invites new adventures.

Key Points: 
  • If your 2024 adventures include moving abroad, U-Haul International Moves ® is equipped and licensed to support your exciting transition each step of the way.
  • Recognizing growing demand for an easier international moving solution, U-Haul has expanded its commitment to customers moving abroad.
  • This expansion includes a dedicated in-house international moving team to coordinate each international shipment from start to finish, including delivery to door at your destination.
  • U-Haul International Moves offers seamless international shipping and the comfort of knowing a respected American institution, a growing international infrastructure, and nearly 80 years of moving expertise are behind your entire move.

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2023 Results and Initiates 2024 Guidance

Retrieved on: 
Wednesday, January 31, 2024

PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2023.

Key Points: 
  • PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2023.
  • “We accomplished or exceeded many of our 2023 business plan objectives including our same store results and rental rate mark-to-markets,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.
  • We received net cash proceeds of $13.8 million and recorded a gain of $7.7 million during the fourth quarter of 2023.
  • We leased approximately 240,000 square feet and we commenced occupancy on 209,000 square feet during the fourth quarter of 2023.

Martin Door Showcases New Product at 2024 NAHB International Builders’ Show

Retrieved on: 
Wednesday, January 31, 2024

Martin Door , part of the PGT Innovations , Inc. (NYSE: PGTI) family of brands, returns to the NAHB International Builders’ Show (IBS) in Las Vegas, Nevada this year with a new product added to its robust portfolio.

Key Points: 
  • Martin Door , part of the PGT Innovations , Inc. (NYSE: PGTI) family of brands, returns to the NAHB International Builders’ Show (IBS) in Las Vegas, Nevada this year with a new product added to its robust portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20240131062430/en/
    The Athena Garage Door by Martin Door (Photo: Business Wire)
    The Keystone Garage Door will launch at the home building show and be displayed in the Anlin Windows & Doors section of PGT Innovations’ booth, located in Central Hall Booth C4525.
  • Shown in black, the high-quality garage door features a streamlined profile and allows for customization to fit any home aesthetic.
  • “A high-end modern builder can view our Athena Door in the Western Window Systems space, then turn around to see another modern, but more standard door style, in the Anlin Windows & Doors space.”
    For more information about the Keystone Garage Door or Athena Garage Door, visit MartinDoor.com .

Link Logistics Provides Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, January 30, 2024

Link Logistics (“Link” or the “Company”), a leading operator of the largest portfolio of logistics real estate assets located exclusively in the U.S., today provided an update on the Company’s fourth quarter and full year 2023 activity.

Key Points: 
  • Link Logistics (“Link” or the “Company”), a leading operator of the largest portfolio of logistics real estate assets located exclusively in the U.S., today provided an update on the Company’s fourth quarter and full year 2023 activity.
  • Link Logistics’ operating portfolio is 96.2 percent leased on a same-store basis.
  • Additionally, Link Logistics generated quarterly blended cash leasing spreads of 55.6 percent during the fourth quarter.
  • “Our infill-focused portfolio strategy continued to yield strong results, powered by sustained e-commerce strength and onshoring tailwinds,” said Luke J. Petherbridge, chief executive officer, Link Logistics.

U-Haul Operating at 3 Former AA Mini Warehouse and Storage Locations

Retrieved on: 
Friday, February 2, 2024

MISHAWAKA, Ind., Feb. 2, 2024 /PRNewswire/ -- U-Haul® acquired three former AA Mini Warehouse and Storage facilities to better meet the self-storage needs of its customers in St. Joseph County.

Key Points: 
  • MISHAWAKA, Ind., Feb. 2, 2024 /PRNewswire/ -- U-Haul® acquired three former AA Mini Warehouse and Storage facilities to better meet the self-storage needs of its customers in St. Joseph County.
  • U-Haul Storage of Douglas Road located at 5510 Shaughn St. will be managed by on-site U-Haul personnel.
  • U-Haul Storage on McKinley Ave. located at 816 E. McKinley Ave., as well as U-Haul Storage of Grape Road located at 5213 Grape Road, will be operated remotely by the Douglas Road staff.
  • Customers should call U-Haul Storage of Douglas Road at (574) 259-0335 for self-storage inquiries at any of the three facilities.

U-Haul to Produce Jobs, Self-Storage with Land Acquisition in San Antonio

Retrieved on: 
Thursday, February 1, 2024

SAN ANTONIO, Feb. 1, 2024 /PRNewswire/ -- A new U-Haul® self-storage, retail and moving center is coming to San Antonio thanks to the recent 11-acre land acquisition at 7616 NW Loop 410.

Key Points: 
  • SAN ANTONIO, Feb. 1, 2024 /PRNewswire/ -- A new U-Haul® self-storage, retail and moving center is coming to San Antonio thanks to the recent 11-acre land acquisition at 7616 NW Loop 410.
  • This will be the 16th Company-owned and -operated store in San Antonio.
  • "San Antonio is a moving destination," said John Martinez, U-Haul Company of San Antonio West president.
  • U-Haul will look to hire locally to promote job growth within the San Antonio community.