Feature

"Construction continues to boom, 5700 rental units were added last year, this year it's projected to hit 9500," says Mitchell S. Berkey, co-chair of the real estate group, Chiesa Shahinian & Giantomasi who moderated the Multifamily panel.

So says Ten-X's chief economist and EVP Peter Muoio, who will be speaking at the annual Trigild Lender Conference here in October. Muoio says the cycle's longevity is starting to have an impact on the way commercial real estate investors are thinking.

Urgent care operators are moving into retail spaces in shopping malls and strip centers, and they are driving retail occupancy as a result.

Somers Town Supervisor Rick Morrissey said that the former IBM facility in Somers could provide Amazon with 1 million square feet of space of move-in-ready space, while PepsiCo's former offices nearby could provide another 540,000 square feet of move-in-ready space.

In this <b>EXCLUSIVE</b>, Russo says there are opportunities for investors to buy in submarkets that may have taken short-term dips in perceived value because of water issues, and buildings that didn't flood should be marketing that heavily.

The International Logistics Center is underway on 40 acres located on the south side of Dallas/Fort Worth International Airport, literally on the airport property, GlobeSt.com learns.