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DEPTFORD. NJ-The industrial condo center has vacancies from 5,000 sf to 20,000 sf, and is one of the few options for small industrial users to own rather than rent.
EWING TWP., NJ-Nearly a million sf of office, hotel and retail space will rise on a parcel Opus will develop. The first 120,000-sf spec office building is planned to deliver in summer 2008.
TEANECK, NJ-Just as foreign investors look to America for good deals, American money is looking to emerging markets for similar lucrative deals, a NAIOP panel says.
Sean Ryan is associate editor of Real Estate New Jersey, from which this article is excerpted. The North New Jersey office market is tied to Manhattan's health. But that's not necessarily the case down in Camden County, because although it borders Philadelphia, Cherry Hill and the other towns there are not nearly as dependent on Philadelphia for filling vacancies. …
BOSTON-Talks for a portfolio sale are dropped due Lightstone's belief that the Heritage stock is overvalued, sources tell GlobeSt.com. Heritage's stock has a current value of $33.26 per share.