Economy

Governor Murphy nominees Janine G. Bauer and Balpreet Grewal Virk, upon confirmation from the New Jersey Senate, will collectively serve as New Jersey's representatives, along with Jerry Zaro, the current chairman of the Gateway Program Development Corp.

The industrial market in Southern California is so strong that minor swings in supply with have little impact.

The two hires in the Greater Philadelphia region follows last month's addition of managing directors Joseph Garibaldi and Thomas Walsh to Walker & Dunlop's Northeast sales team based in Short Hills, NJ.

"Today is a historic day for Chicago transit as we begin the largest project in CTA history to modernize CTA rail service for the next century and rebuild the Red Line, the CTA's busiest line," said Chicago Mayor Lori Lightfoot.

Data center activity is increasing in several key West Coast markets, but new technology could greatly impact the investment market.

Investors are predicting and preparing the next recession, and it could significantly reduce the impact when it hits.

According to Wes Larson, principal and CEO of Sound West Group, who was recently honored at the GlobeSt.com ADAPT: Opportunity Zones awards in Baltimore, MD, the next wave of growth will be from the suburbs back into the city.

In the last 90 days, CapRock has acquired eight industrial assets in California, Nevada and Arizona.