Economy

“Our expansion into Northern New Jersey is an important part of our overall acquisition strategy, which is focused on increasing our holdings in Tier I distribution markets," says Mark Crawford, vice president of acquisitions and dispositions for Duke.

The market has the highest office vacancy rate in Los Angeles, but Brookfield, the largest owner of office product, is managing to find success.

As the retail market evolves, retail brokerage is quickly adapting with new training programs for the next generation.

Citing NYSDOL data, NYEDC announced New York City's latest unemployment rate dropped to 4.2%, the lowest since 1976.

While all of the stats show a growing city center in downtown, the recent biennial survey reveals that residents are concerned about the homeless population in the city.

Private sector employment in the Rockaways set a new record of 14,900 jobs in 2016, 400 more than the previous record posted prior to Superstorm Sandy.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Cap rates are certainly going up this year, along with Fed rates, so experts are saying it's a good time to look for buyers of net lease investments.