Harlem has always had a smaller sample size of office product relative to the rest of the city. But that hasn't stopped developers from building in the submarket and convincing investors to wrap their heads around smaller office floor sizes, Brent Glodowski, director at Avison Young, tells GlobeSt.com.

Hellyer Oaks Technology Park consists of two interconnected office/R&D buildings which Vertical Ventures recently sold to Swift Real Estate Partners in a $55.65 million transaction.

With people rushing out to grocery stores and pharmacies, daily needs retailers are doing well amid the crisis.

The California buyer was in a 1031 exchange looking for a solid national tenant, triple net lease with 7%-plus return, so a Hoquiam, WA Rite Aid property was the perfect fit for the out-of-state purchaser.