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Block chain, technology in brokerage and technology use by landlords were the hot buttons of conversation during the two-hour presentation by some of CRE's best and brightest last week.
A multifamily project under construction nearby will bring in additional young professionals and other consumers to the center, says Cushman & Wakefield's Andy Merin.
"Strong demand for industrial space in the Suburban Essex submarket and high occupancy at the portfolio made this an ideal time to sell this asset,” says Stephen Cassidy, president of Denholtz Associates.
An example of neighborhood retail demand is the Mid Valley Shopping Center, a 62,480-square-foot Safeway-anchored multi-tenant center, which was recently acquired from the original developer family.