Northeast

MCR, which is headquartered in New York City and Dallas, acquired the 150-room hotel located nearby the Prudential Center, a major entertainment venue and home to the New Jersey Devils, for an undisclosed price.

Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.

The firm has shifted from its 6,000-square-foot headquarters in Elizabeth to approximately 12,000 square feet of space at 45 Academy St. in Newark.

The brokerage firm ranked the top 10 warehouse markets with the Inland Empire, CA leading the way with 23.4 million square feet in the ground and a 3.2% vacancy rate and 9.4% annual rent growth.

The firm's first real estate fund closes oversubscribed at $120 million, exceeding its initial $100 million goal.

The co-managing partner at JB&B consulting engineering firm opines technology and human impact on the environment will determine future real estate design, engineering and construction.

Investors aren't preparing for the slowdown in apartment demand that experts are predicting next year.

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