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ATLANTA-Struck by a severe downturn in fiber optic cable sales, the Corning, NY-based company cancels plans for the $450-million expansion of one Concord, NC plant and puts another similar-size expansion there on hold. Corning has five plants in the state.
PHILADELPHIA-Three area economic development groups and a private developer join forces to construct and market a spec facility to draw industry and jobs to the Slate Belt Industrial Center in Lehigh Valley, PA near the Green Knight Energy Center.
PHILADELPHIA-An $8-million plan to rehabilitate the six buildings used by General George Washington and the Continental Army in the 1777-78 winter moves into a second phase with an initial $570,000 in private and public financing.
PHILADELPHIA-With the opening of the 8,100-sf Hard Rock Cafi and debut of the 100-foot-long "Liquid Fireworks" fountain, Bessemer Court, the 59,000-sf centerpiece of Downtown Pittsburgh's $71-million Station Square expansion, opens for business.
ATLANTA-Locally based Resurgens Orthopaedics has signed a 10-year lease for the 14th floor of the 358,000-sf medical office tower, completed by locally based Cousins Properties in January as part of the redeveloped 500,000-sf Emory Crawford Long Hospital in Downtown.
ATLANTA-The global tire supplier signs a 10-year distribution center lease with owner Aurora, CO-based ProLogis Inc. at Eastgate Business Park in Lebanon, TN. Construction begins next month and completion is set for first-quarter 2003.
ATLANTA-Half of the four-building, six-story, mid-rise, 231-unit multifamily complex is leasing at $895 for a studio apartment to $2,105 for a two-bedroom, two-story office/residential loft.
PHILADELPHIA-First-half data from the Johnstown, PA-based retail REIT shows
ATLANTA-The 396-unit, 31-year-old apartment complex was renovated for about $20,000 a unit in 1993. Units average 1,440 sf and rent for $975 a month. The property is about five miles north of Atlanta's perimeter expressway and overlooks the Chattahoochee River.
PHILADELPHIA-Under a long-term sale-leaseback arrangement, global household products conglomerate Reckitt Benckiser USA develops its own build-to-suit distribution center in Mechanicsburg, PA, then sells it to New York Life for about $45 per sf. GVA Williams advises on the deal.
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