Northeast

"We may see commercial real estate prices rise for the next year, but I expect them to even out in 2020."

Catalyst is also seeking to add services such as job-training programs, community health clinics, pre-kindergartens and affordable grocery stores to its developments.

The Livingston, NJ-based firm reports that in the past 12 weeks it has arranged 11 urban-core sales totaling more than $36.85 million that involved more than 226 units spanning Elizabeth, East Orange and Orange markets.

Kimmerle Newman Architect's 111 Littleton Road, a three story, 36,389 square-foot office building located in the heart of Parsippany, NJ was converted from a tired Class C building into a modern Class A structure, and was nominated and won a Good Neighbor Award from the New Jersey Business & Industry Association as well.

The project includes the company's purchase of a 148,000-square-foot building in Pottsville, which is expected to create 100 new, full-time jobs over the next three years.

Following the proptech company's recent $90 million fundraising round, insiders discuss how the software could reduce commissions and demand more from brokers.

The deal for the three-building complex—610 Main St. North, 1 Portland St. and 700 Main St.—totals 676,917 square feet and an associated 650-space parking garage.

Construction of the East End Gateway begins next month and is scheduled to be completed in 2020.