Northeast

Wells Fargo will retain the public market real estate investment bankers of Eastdil, who will form the Real Estate, Gaming, Lodging, and Leisure industry coverage group.

“The habits, thoughts, ambitions, and situations of average people are the true indicators of future real estate trends," says Stacy Stemen.

Chairman Richard Baker is stepping in with a cash bid valued at about $1.31 billion to take the company private.

The firm reports that Ruggiero will lead a newly created client solutions and product specialist team within its real estate operations. Pattison has been appointed global head of real estate research and strategy at MetLife Investment Management.

2019 is shaping up to be weaker than the last few years, according to Yardi Matrix.

In a newly released report, CBRE ranks Pennsylvania, and specifically the Lehigh Valley as the sixth largest cold storage market in the country with 213.5 million square feet of inventory. The state of New Jersey came in at number 10 with an inventory of 136.7 million square feet.