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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
“Commercial real estate professionals are reporting great growth in the past year, which has convinced more and more members to enter the commercial industry.”
“Desirable medical office properties located in markets with strong demographics are the types of attractive acquisition opportunities we continue to seek for the remainder of 2018 and into next year,” says Inland Real Estate Acquisitions' Mark Cosenza.
“We want to make fire safety a priority in New Jersey to prevent against the vulnerabilities of combustible materials that can allow fires to spread rapidly,” said NJ Senate President Steve Sweeney.
"We continue to seek quality long-term, single-tenant, net lease office assets on behalf of our institutional clients," says Damian Taylor, senior vice president at Arch Street Capital Advisors.
Luxury Goods retailer FarFetch.com and financial firm LiquidX sign leases which together total more than 22,000 square feet at the Midtown East office tower.
The fulfillment provider is relocating operations from 235 Barnum Road in Devens where it occupies 184,077 square feet. The lease deal was announced by brokerage firm Newmark Knight Frank.
Pending single-family homes sales have been higher for 12 consecutive months, while pending sales in the condominium sector have been down or flat four out of the last 12 months, according to MAR.