CONSHOHOCKEN, PA-Newmark Grubb Knight Frankdirectors are predicting an uptick in demand for office real estatenext year in suburban Philadelphia, southern New Jersey and theWilmington, DE, submarket.
“We predict growth-stage companies to be most active in themarket as more and more venture capital moves upstream torevenue-generating enterprises, funding overall organic growth inthe marketplace,” said Reid Blynn, an executivemanaging director for NGKF.
He and Jeff Mack, who holds the same positionwith the company, delivered the annual Philadelphia MetroSuburban Forecast at an annual event held here.
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