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As the US enters into its third month under various stages of stay-at-home orders due to the coronavirus pandemic, rents nationwide decreased .2 percent…
There is strong demand for this product type in the Pacific Northwest, and now more than ever, investors are focused on market and retailer fundamentals, corporate long-term leases and essential services types of retailers, specifically those with drive-thrus.
The local chapter of the Apartment Association is challenging the city's eviction ban, saying the ban forces landlords to "absorb the economic impact of the pandemic."
Newmark Knight Frank arranged the sale of a 95,111-square-foot, multi-use building in Warren, NJ, which recently underwent a capital improvement program.