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As office properties have been redeveloped with desirable amenities and stabilized, owners have been taking advantage of a robust capital-markets environment to sell, JLL's G. Ryan Smith tells GlobeSt.com.
“Multifamily properties continue to be in extreme demand and deal velocity remains accelerative, setting the stage for a robust 2018,” says Ken Uranowitz, Gebroe-Hammer's president.
While many companies choose to diversify by investing in other markets while staying within their preferred property type, moving into different asset classes within your geographical area is another option, RAF Pacifica's Adam Robinson tells GlobeSt.com.
<i>Real Estate Forum</i> is inviting industry members to submit the past year's significant transactions for the magazine's upcoming “Best of 2017” section. Nominations are due Feb. 1.
While some apartment owners and developers are over-improving, IEC is concentrating on optimizing space for the current tenant rather than fashioning it after a different tenant profile's tastes, Marshall Boyd tells GlobeSt.com.
One of the largest developments in the Bay Area in the past 50 years, the Salesforce Transit Center, will serve tens of thousands of weekday visitors and will be the focal point of the mixed-use neighborhood featuring retail, office and residential.
“Location absolutely remains key in New Jersey's industrial market, and the Rockefeller Group Logistics Center provides Best Buy with a prime transportation-oriented location,” says Cushman & Wakefield's Jules Nissim.