Northeast

Landlords are under pressure to get their paperwork in order to meet the New York City Council's Climate Mobilization Act (CMA) passed last year to reduce greenhouse gas emissions and improve efficiency for commercial and residential buildings larger than 25,000 square feet.

This year investors should not count on significant appreciation returns, but expect that income returns will remain steady.

C&W projects pressure to remain high on industrial occupancy and rent growth levels across North America.

The financing will facilitate the construction of a 1.2-million-square-foot mixed-use tower, part of a 1.9-million-square-foot development that will feature office, residential condominium and retail space.

The unidentified company signed a new 29,974 square-foot lease deal at the two-story, 139,750-square-foot asset, which combined with its previous 26,556 square feet of sublease space, brings its presence at the complex to 56,530 square feet.

As executive director of the Fair Share Housing Center, Walsh led the enforcement of the Mount Laurel doctrine to promote racial and economic integration in New Jersey through the expansion of affordable housing.