Northeast

The industrial rent growth through the first two quarters of 2019 was nearly double the national average for rent appreciation at 10.7% but slightly lower than growth for 2018, an all-time historical high.

The new division, ThorLogis, led the firm to acquire its first European industrial property in the Netherlands.

The increased drive for experience-based retail across the nation and in Dallas reflects a deeper economic trend─one with implications that go far beyond shopping centers and Millennials' shifting tastes.

For GlobeSt.com's 2019 ADAPT awards, we examined adaptive reuse projects throughout the nation. This year, we recognize Piazza Pod Park as the commercial project transformation of the year.

The joint venture partnership says it will embark on a multi-million-dollar repositioning of the property. Keystone reports that it will also relocate its headquarters, currently located at SORA East in Downtown Conshohocken, to the office complex.

"The numbers provide key benchmarks for how much room there is for these areas to grow and how much new investment they need."

At a press conference in Secaucus, federal and state officials, as well as representatives from Amtrak, NJ Transit and the Gateway Development Corp. sponsor of the Hudson Gateway Tunnel program, stressed the need for the replacement of the 108-year-old moveable Portal Bridge, which has been estimated to cost $1.6 billion.

"The most successful jobs are when the contractor, the developer and their consultants work together as a team."