Leasing

Restaurants, which in many ways have become the new retail anchor, are beginning to integrate more technology as competition heats up.

NAI James E. Hanson, the exclusive leasing broker for the former Ballantine Brewery located in the Ironbound district in Newark, reports that it negotiated industrial leases for 16,504 square feet with L. Gambert, LLC, 11,000 square feet with Windsor, and 9,000 square feet with Eli Fashion.

Avison Young was able to secure an early renewal and extension lease at 330 Washington Ave. allowing VGS to stay in the saturated Carlstadt/Rutherford submarket, while also negotiating other terms including a tenant improvement package.

701 Rio's location has connectivity for professionals and new companies in the Austin market, says John Ockerbloom, Barings' head of US real estate equity.

Asking rents in Philadelphia's core contracted over the quarter, but were still higher from earlier in the year, according to the Savills report.

The ICSC Red River States Conference and Deal Making will be held from January 8 through 10 at the Fort Worth Convention Center, and Daniel Herrold, senior director at Stan Johnson Company, offers net-lease trends.