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Bow Street's letter says it strongly believes that the Mack-Cali board's perfunctory response “suggests an alarming lack of commitment to good governance and long-term stockholder value, as well as an unwillingness to explore value-maximizing opportunities following years of company underperformance.”
Portland remains a key target market for Vista as it represents a relative value compared to more mature markets of Seattle and the Bay Area, while demonstrating similar market fundamentals and demographics.
The evolution of this urban epicenter of Silicon Valley has its brightest days ahead as San Jose facilitates investment that helps fulfill the city's general plan, grows housing opportunities, activates transit and increases jobs.
The two-building 882,565-square-foot distribution center was chosen for its prime location in the midst of key logistics/distribution infrastructure, located 1 mile west of I-35, adjacent to Ft. Worth Alliance Airport.
Habitat Group broke ground on Smart Brickell Tower 1 on March 29 and expects delivery in the first quarter of 2021. Vanegas says the firm hopes to begin construction in the third quarter of this year on Smart Brickell Tower 2 and deliver that project sometime in 2021.
The most negative reviews were found in Washington and Oregon, with average ratings of 2.1 and 2.3 respectively, but nationwide, the average reviews sit right in the middle of the scale at 3.2, says Rent.com.
Aggressive increases in the Southwest have kept Phoenix and Las Vegas at the top of the list for rent growth in the past year while the fastest and slowest yearly rent changes occurred in Midland/Odessa.
The total square footage of San Francisco tenants seeking space rose to 7.1 million square feet during the first quarter, surpassing the level of existing available supply by nearly 300,000 square feet, says CBRE.