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PARSIPPANY, NJ-The pharmaceutical giant isn't cutting jobs or moving out of New Jersey, but a decision to consolidate elsewhere in the state has freed up the big block of space for sublet.
LONDON-The mixed use and residential property developer Berkeley Group increased its pre-tax profits by 24% in the year ended 30 April 2001.
HAYWARD, CA-In a sale considered large for this market, the company buys a 37,500-sf class B building and the 2.4 acres under and around it for upward of $5.25 million.
RICHMOND, VA-The multifamily REIT will pay dividends on both its common and preferred stock to all shareholders of record as of July 13, according to a vote by its board of directors.
NAPLES, FL-Locally based Commerce Center pays Fort Lauderdale developer Terry Stiles $74.17 a sf for Naples Commerce Center and Commerce Shoppes, a 60,675-sf of office-retail complex. Naples is 125 miles west of Miami.
LONDON-Two of the UK's top online investment sites, PrimePitch.com and e-propertyinvestor.com, have agreed to merge, reflecting the increasing trend towards consolidation in the property e-commerce market.<
MIAMI-The locally based real estate investment, finance and management company reports a 15% increase in second-quarter earnings per share.
AUSTIN-DPT US Inc., the American branch of a Scotland-based high-tech firm, is beefing up its Austin operation, taking 7,500 sf at Cameron Creek Business Park in northeastern submarket. It also occupies 10,800 sf in a Wall Street building.
GROVELAND, FL-Moose Look Holdings Ltd. of St. Kitts in the Caribbean bought the largest residence in Lake County (32,000 sf) on a 160-acre rural spread off County Road 565 for an undisclosed price estimated to be $6.4 million or $200 per sf.
SAN DIEGO-Seville Plaza, a three-building, class-A office complex in Kearny Mesa, has sold for $16.3 million. The purchase marks this year's second major acquisition in the city for the Shidler Group.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource