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Besides providing services and warehousing for retail and B2B industries, the Piscataway facility is specially equipped to serve clients fulfilling medical device orders.
Commercial owners usually have to complete repairs as quickly as possible, before the insurance claim is sorted out, but once the damage has been fixed, it becomes harder to prove the extent of the damage.
When we asked that question to Karlin Conklin of Investors Management Group, based on a few comments we have heard over the past year or so, the principal and EVP says it is here to stay and provides a much needed opportunity in CRE today.
UK-based DMGT, Xceligent's owner since 2012, recently reduced the commercial property data provider's carrying value to zero following earnings disappointments.