PHILADELPHIA—Among the markets identified in the report as having too much self-storage supply are: Oklahoma City, Memphis, Columbus, Kansas City, Salt Lake City, Houston, Dallas and Seattle. The top five under-supplied markets are New York, San Jose, Los Angeles, San Diego and Baltimore.
GREENCASTLE, PA—The state-of-the-art facility was completed as a build-to-suit for Armada in 2013 as part of the consolidation and modernization of Armada’s Northeast logistics services for McDonald’s.
TREXLERTOWN, PA—The $140-million shopping center is benefiting from significant growth in the immediate trade area and a substantial daytime population.
PHILADELPHIA—Carpenter Technology's Philadelphia location will bring approximately 100 positions to the city, over time. The move by the specialty metals company provides better access to transportation, customer markets, world-class universities, and increased visibility with broad talent pools.
More Philadelphia Headlines
- Deal-Tracker: A Roundup of Sales, Leases and Activities in NJ/PA
- Skanska Names Yerrapathruni VP of Business Development in Philadelphia Region
- PAG Investments Acquires Franklin Marketplace in NE Philadelphia
- Morrisville, PA, Industrial Trades Hands
- Self Storage Capital Acquires Two Central PA Properties
- Duke Realty Building Another Bulk Warehouse in Lehigh Valley
- CBRE Veteran Matt Stefanski Joining Berkadia to Build Philadelphia Presence
- PREIT Sells Another Underperforming Center, This One in Washington, PA
NEW YORK CITY—“As we look at growth and expansion, we’re looking at what our clients are doing,” the newly named Americas president of Cushman & Wakefield’s Valuation & Advisory group tells GlobeSt.com. “They’re becoming more sophisticated and more diverse.”
BOSTON—The Greater Boston Association of Realtors and the Massachusetts Association of Realtors issued sales reports for the month of July that pointed to lower home sales volume and for-sale inventory, while modest increases in the median price for a home, both in Greater Boston and statewide.
WASHINGTON, DC--Colliers International is expanding its project management service line by building a dedicated team for the brokerage community, which is where Leighty comes in.
More National Headlines
- Four Trends That Could Be CRE Game-Changers
- Shorenstein Gets Back into CBD Office Market
- The Busiest Apartment Development Submarket Is…
- C&W’s Urquhart-Bradley Surveys the Valuation Landscape
- Creating a Sense of Community Among Office Tenants
- Residential Land: A Tale of Two Markets
- The Nation’s Best (and Worst) Housing Markets
- Party Alignment Is a Must for Area Revitalization
True leaders manifest themselves not only through performance but also—and arguably more importantly—by the way their employees feel about them. Meet this year’s best bosses in the business.
Commercial Real Estate Events
Sectors to Watch
LOS ANGELES—The brokerage firm recruits John McMillan and Jeff Sanita, two of the nation’s top industrial brokers, GlobeSt.com reports EXCLUSIVELY.
DALLAS—With five recent leases totaling more than 108,000 square feet of anchor retail space across Texas, finding and creating opportunities in an extremely tight real estate market remains possible.
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CORONA DEL MAR, CA – Presidential elections aren’t known for cooperating with commercial real estate fluctuations. The current wave of uncertainty,…
RICHARDSON, TX—“Staggering inventory expansion” marks the top 10 submarkets for apartment construction, according to MPF Research. Although four of the 10 are in Texas, none of the four is the busiest.
SANTA BARBARA, CA—The metro area with the fastest growing apartment rents on a year-over-year basis is in Northern California, and so is the one with the steepest decline in annual rent gains, says Yardi Matrix.
HOFFMAN ESTATES, IL—“We continue to face a challenging competitive environment,” says Eddie Lampert, chairman and CEO of Sears Holdings, who is providing another $300 million of debt financing to the company.