Development

A roundup of recent deals, leases, executive moves, and other news from the past week.

“Universally, there is a serious lack of new product in the market,” says NAI James E. Hanson's Kenneth D. Lundberg. Listen to our exclusive audio interview with Lundberg about industrial sites in Northern Bergen County.

Financial services, insurance companies, tech and engineering firms and defense contractors make up the fabric of industries in this submarket, which adds to its stability in the eyes of investors, CBRE's Louay Alsadek tells GlobeSt.com.

The class-A apartment property is located on approximately 10 acres fronting Sugar Road near Owassa Road, just west of Interstate 69/US 281, which is being transformed into the NAFTA Highway (I-69).

Big, centralized hospitals are giving way to smaller sets of clinics and outpatient facilities.

A possible softening in both multifamily and office sectors has gotten more investors and lenders interested in the higher yields possible with industrial properties.

Industry leaders need to nurture a new generation of trained workers.

Loan programs deliver big rewards for developers, families and the environment, says Walker & Dunlop's Willy Walker in this <b>EXCLUSIVE</b> commentary.