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Pre-COVID, SKB and RGA planned to reposition the property's large floorplates and leverage the amenities to meet the needs/size requirements of a wide range of light industrial, manufacturing and R&D tenants.
COVID, with casual dining and a lot of other sectors, has accelerated the problems that the weaker players had to a large extent, says Boulder Group president Randy Blankstein.
Sean Raft will utilize his work with Urban Catalyst to assist the group in addressing the legislative and economic issues, relevant to Opportunity Zones.
Completing a $1.5 million lease expansion, the company will occupy Gladstone Commercial Corporation's entire 103,000-square-foot, class-A office building.
The new report from KPMG predicts that bankruptcies by retailers will at least double in 2020, as the COVID-19 closures "intensify the Darwinian struggle for survival that has already been under way."