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The firm, which is headquartered in San Francisco, plans to rapidly hire 100 new employees for its 350 North Orleans office, with additional growth plans above and beyond.
Workforce multifamily, student housing, and triple-net lease enjoy relatively low transaction costs, transparency, a deep pool of buyers and sellers, ease of valuation—in other words, liquidity.
A report released by CBRE found that the vacancy rate for the Central and Northern New Jersey market for the 6.3 million square feet of new construction last year, stood at just 22.2% at the end of 2019.
Last month, RD Management and partner JMF Properties announced five new retail leases totaling more than 88,000 square feet at the Harbor View Marketplace in Bayonne.
Use of the popular baseball analogy 'what inning are we in?' to gauge how much time is left in the real estate cycle is heard less frequently as the Portland market just keeps going, says Cushman & Wakefield's Jim Lewis.