New York

Commercial real estate has received an energy shot as the industry rushes to innovate the traditional antiquated process of architecture and design, motivated to attract and retain tenants in a world where customer experience and engagement are key to operational success.

Located 10 miles north of Philadelphia, Baederwood Shoppes on the Fairway is 94% leased. Its tenant roster includes anchor Whole Foods Market, as well as Planet Fitness, Panera Bread, Le Papillon Hair Salon, Massage Envy, Baederwood Pharmacy, Penn Community Bank and WSFS Bank.

Prologis, a multinational and logistics real estate investment trust, has acquired 24 Woodward Ave., an industrial warehouse in the Queens submarket

Fairstead has financed a 905-unit portfolio of subsidized housing in Manhattan and Brooklyn. The nine properties include 49 buildings, which were slated to get converted to market-rate housing before the firm swooped in.

Barbara Byrne Denham, senior economist at Moody's Analytics, will serve as the opening keynote speaker at the upcoming 18th annual national GlobeSt. Net Lease 2020 event here in New York City.

In the last 12 years, Airbnb has changed the travel industry and real estate market forever, and its IPO is perhaps the most anticipated offering of 2020, and yet, municipal lawmakers continue to battle about local STRs.