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PHILADELPHIA, PA—Asking rents for Center City Philadelphia office space have risen nearly four percent year over year, while availabilities have declined by 2.2 percent, according to third quarter research by Paul Garberson at Savills Studley.
MADISON, NJ—Older office properties are benefiting from careful planning when repositioning for future use, according to Kimberly Sacramone, design director of the interior architecture practice of HLW International. In an exclusive audio interview, Sacramone, who heads the firm's new NJ office, tells GlobeSt.com what CEOs want in modern office design.
PHILADELPHIA, PA—In an unusual crossover from fashion to food, Urban Outfitters, which owns Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, is acquiring substantially all of The Vetri Family group of restaurants including award winning Pizzeria Vetri.
HOLMDEL, NJ—Suttons International, an international logistics company, and Spirent Communications, an international telecommunications company, have both leased space at Bell Works in Holmdel, NJ, the iconic former headquarters of Bell Laboratories.
EDISON, NJ—Mack-Cali Realty Corporation has acquired 333 Thornall Street in Edison, NJ, and will connect the building with one that it already owns next door at 343 Thornall Street. It's part of Mack-Cali's strategic repositioning that focuses in part on transit-oriented office space.
PHILADELPHIA, PA—Holliday Fenoglio Fowler has arranged an $18.5 million refinancing for West Goshen Town Centre, a 135,650-square-foot retail center anchored by ShopRite in the suburban Philadelphia community of West Chester, PA.
HAMILTON TOWNSHIP, NJ—Regal Entertainment has signed a lease with IP Associates, owner of Independence Plaza in Hamilton NJ, to locate a state-of-the-art 12-screen digital movie theater with luxury seating in the shopping center. It caps a successful leasing campaign that filled 115,000 square feet of the center in the last eight months.
JERSEY CITY, NJ—Onyx Equities and Rubenstein Partners have completed a $20 million renovation at 30 Montgomery Street, one of Jersey City's original waterfront office buildings. The 15-story, 320,000-square-foot tower has been transformed into state-of-art, class A space and expanded with the addition of 8,000 square feet of retail space.
CARLSTADT, NJ—Students who save a few shekels feasting on ramen noodles can rest easy about the noodle supply in Northern New Jersey. Sun Noodle, maker of custom-made, authentic Japanese-style ramen noodles and related products, has purchased a 42,000-square-foot industrial building at 40 Kero Road in Carlstadt.
WEST ORANGE, NJ—More than three years after Super Storm Sandy ravaged the New Jersey coast, an overly complicated and bureaucratic set of flood regulations is making shore (and inland) construction difficult, and the economic development that accompanies it, nearly impossible, an environmental lawyer dealing with the situation charges.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource