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The renewals at the property located at 19-21-25 Main St. in Hackensack included The Knee Law Firm for 2,600 square feet, Potenza & Curtis Law for 1,350 square feet, Cowen & Jacobs for 1,250 square feet, and Robert M. Biagiotti Law for 1,000 square feet.
Typically, when there's a drop in leasing activity the result is negative absorption while availability increases. But that is not an absolute rule, Frank Wallach, senior managing director of research at Colliers International, tells GlobeSt.com.
Commercial landlords swept up in coworking and open office trends have not lost sight on the importance of physical office space in accommodating the Millennial and Gen-Z consumer.
Highline Real Estate Partners has launched Highline Hospitality Partners, a new real estate platform that sponsors and invests in full- and select-service hotels and resorts.
Bay Area firms, Shorenstein Properties and Simpson Manufacturing Co. Inc., are examples of companies that are doing good and finding those initiatives contribute to the bottom line in the process.
Panelists at the recent NIC Spring Conference agree that in order to be competitive in today's value-based healthcare system, care must be coordinated, cost-effective for the public and private sectors, affordable for patients, and meet metrics for quality.
Luxury developer SHVO in a joint venture with Deutsche Finance America and BLG Capital has secured a $545 million loan to finance the redevelopment of 711 Fifth Ave. in Midtown.
Jay Hennick, Global chairman and CEO of Colliers International, says, "The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth."