Features

In central Pennsylvania's I-78/I-81 corridor, the 2018 vacancy rate has been about 6.1%, and net absorption is nearly 12.5 million square feet, according to Mike Hess, SIOR, of CBRE, who chaired the panel on the state of the submarkets.

The economy may have recovered, but many shoppers instinctively seek out bargains.

Crow Holdings Industrial purchased 45 acres within Greens Crossing Business Park for the development of the 530,000-square-foot industrial project, Layne Crossing, which will support a number of industries.

Demographic stats on potential residents is important, but some developers want to go deeper.

Institutional buyers really like Chicago, giving merchant developers a lot of confidence to keep building.

Tech and co-working dominated the Puget Sound office market in the first and third demand positions, and a second source of demand driver is coming from finance, insurance and real estate companies.

President Trump may sign an executive order giving opportunity zone investments additional preferences in federal loan and grant funding, says Christopher Coes, vice president of land use and development, Smart Growth America.

A quality ownership structure led to a financing process that attracted a variety of domestic and foreign capital providers, including PGIM which ultimately won out with aggressive terms and rent control knowledge.