Northeast

JDS Development Group received the loan for their 1,066-foot-tall building scheduled to be completed in 2022.

On April 9, the Pennsylvania Superior Court held that a commercial landlord was entitled to recover certain portions of unpaid additional rent under a lease agreement but limited the landlord's recovery based on the statute of limitations.

As vacancies decrease, rents rapidly increase in these select cities.

Andrew B. Levine departs the French bank to join the law firm's real estate department.

JAKO leased the property to accommodate expansion. Since opening its first location in Philadelphia, the firm has expanded to more than 50 locations on the east coast.

“This infill market's high barriers to entry and tight supply dynamics combined with the property's connectivity to downtown and the broader region make it highly desirable for regional tenants," says Brodie Ruland of ASB.

One of Procida's earliest investors was Abdul Qayum, the grandfather of Omar Khan, left, who has just joined the Procida firm. The two are holding Qayum's original brochure, which Procida still keeps in his office.

Industrial properties show continued strong demand as the 1.4 million square feet of space in the portfolio is 100% leased.