Economy

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

Evident in markets such as San Francisco and New York City for some time, the dearth of qualified workers “has now become a national issue,” says Julian Anderson of Rider Levett Bucknall.

Panelists in the opening economic session held Thursday morning at RealShare Apartments 2017 say that the growth beyond where we are at today is going to be in the urbanizing nodes of secondary cities.

Most of the proposed development is planned on properties that are publicly owned or owned by private development companies with a scale that respects neighboring, existing uses as well as Trenton's 250 Master Plan.

Lenders are beginning to lower the maximum LTV and increase DSCR, keeping rental-rates flat and allowing landlords to reserve for tenant improvements in case a property needs to be repositioned during the term of the loan, Money360's Gary Bechtel tells GlobeSt.com.

The auto industry may have hit a peak, but new facilities are still needed, and Amazon has broken ground on millions of square feet of space.

“Shore points such as Belmar with their own rail station have rapidly become a year-round haven for an out-commuter tenant base,” says Gebroe-Hammer's Adam Zweibel.

The New York Economic Development Corp. shows a bright side of the city.