Northeast

The New Jersey office market experienced a 120-basis point drop in the vacancy rate, going from 14.3% in the fourth quarter of 2018 to 13.1% at the end of the fourth quarter of 2019, according to a report released by Avison Young.

While not coming out and predicting a recession in 2020, Heil did say, "We are not going to be seeing as much economic growth as in 2019, both nationally and regionally."

Hotelier Sam Chang has acquired an assemblage of development parcels with varying air rights and sizes at 148-166 West 48th St., formerly referred to as 150 West 48th St, in Midtown Manhattan.

Law firms have been one of the mainstays in traditional office space, but firms are starting to look for small and more efficient workspaces.

A recession is unlikely to hit this year, but experts say that this is the perfect time to reevaluate your portfolio to prepare for when it does.

The ordinance applies to select markets, including Malibu, and requires a planning clearance to sign a new tenant.

Finding water sources and fixing damage requires a multi-step process.

Numerator will utilize the space as its new global headquarters. The company reports the space will accommodate Numerator's planned increase from its current 250 Chicago-based workforce to more than 350 by 2022.