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Deadline Approaching for CRE's Industrial Influencers

Ingrid Tunberg | March 30, 2020

Submit your nomination for GlobeSt. Real Estate Forum's next influencer series before the fast-approaching deadline of April 3rd.

Coronavirus Could Push Jacksonville Into Becoming a Life Science Cluster

Erika Morphy | March 30, 2020

Colliers' Michael Brown cites land availability, transportation infrastructure and science coming out of the region's universities.

Office Leasing Abruptly Slows in Atlanta

Erika Morphy | March 30, 2020

"The consistent message out there is everything is waiting for that shoe to drop on April 1."

Retail Landlords Brace for Missed Rent Payments

Erika Morphy | March 30, 2020

Taubman Centers has sent a letter to tenants informing them that they have to make their payments on time.

Chicago Industrial Spec Numbers Impressive in First Quarter; Future Uncertain Due to Coronavirus

John Jordan | March 30, 2020

"This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response," Colliers states.

Stock Markets Turbulence Doesn't Weigh on REIT CEO

Erika Morphy | March 30, 2020

In this emotional time, it's best to remain calm, says Camden CEO Ric Campo.

Construction Project Cancellations Rose Sharply Last Week

Erika Morphy | March 30, 2020

The Associated General Contractors of America also reports that 45% of respondents reported delays in deliveries and supplies.

Two Medical Leases Totaling Nearly 27,000 SF Signed in Clifton

John Jordan | March 30, 2020

The largest transaction was the 21,895-square-foot lease extension with St. Joseph's Hospital at the 68,000-square-foot office building. Dentistry for Children also recently signed a new lease for 5,050 square feet at the complex.

New Jersey Announces Major Banks Offering Coronavirus Mortgage Payment Relief

John Jordan | March 30, 2020

Building on a similar initiative in California, Gov. Murphy secured support from Citigroup, JPMorgan Chase, U.S. Bank, Wells Fargo, and Bank of America, in addition to more than 40 other federal and state-chartered banks, credit unions, and servicers that are committed to the mortgage forbearance pledge.