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PHILADELPHIA-The city's economy's continues to gain traction that will support retail operations in the coming quarters, according to a report released on Tuesday by Marcus & Millichap.
NEWARK-Tucker Development's proposed mixed-use project in the city's Central Ward got a $38-million shot in the arm from the state of New Jersey on Tuesday.
NEW YORK CITY-Real estate listing website StreetEasy reports it is closing down its sites for the South Florida, Philadelphia and Washington, DC markets.
NEW YORK CITY-Thanks to the introduction of new brands and developers breaking ground on new projects, Jones Lang LaSalle estiamates that the number of hotel rooms in Manhattan will swell by approximately 10% to more than 90,000 by the end of next year.
NEWPORT, NC-Cornerstone Core Properties REIT, Inc. reports it has acquired three assisted living facilities in North Carolina for a purchase price of approximately $15.3 million in a sale-leaseback transaction with Meridian Senior Living LLC.
DEERFIELD, IL-Walgreens and real estate broker Jones Lang LaSalle reported on Tuesday that the nation's largest drugstore change had complete the sale of six buildings at its headquarters complex here to Realty Income.
ALEXANDRIA, VA-Partners The JBG Cos. and MRP Realty will hold a groundbreaking ceremony for its mixed-use The Exchange at Potomac Yard project on Wednesday.
BETHESDA, MD-Lockheed Martin said on Monday that it is cutting its planned furlough to 2,400 workers after the Pentagon announced it was recalling most of its caviling furloughed workers.