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PHOENIX-In spite of strong development, demand for apartments in the Valley was strong enough during the first quarter to push the occupancy rate to its highest point since 1997.
WINSTON-SALEM, NC-For near-term earnings, CFI Robert S. McCoy says the first quarter should be an EPS range of $1.17 to $1.22. For the year, that number is expected to be in the lower half of a $5.20 to $5.60 range.
YONKERS-Best Buy Co. Inc. plans to open a new location at 2458 Central Ave. as part of its continued Northeast expansion. The location will open either in late summer of fall of this year.
WASHINGTON, DC-The financial services firm will take 15,788 sf at Market Square North and 23,490 sf at 555 11th St. NW, according to Grubb & Ellis, the company that negotiated the deals.
CHARLOTTE-The technology is supposed to simplify the filing and retrieval of commercial leases. The cost of the program wasn't disclosed.
LOS ANGELES-Real estate experts remain optimistic about activity in the 101 Technology Corridor, citing the region's diverse economy as a key buffer against any dot-com fallout.
MINNEAPOLIS-Keewaydin Real Estate Advisors led the search for an architect for the $100-million theater complex. They now will serve as project advisor and project manager for design and construction of the new theater.
OVERLAND PARK, KS-The company's new headquarters in the 11000 block of Cody Drive will be about 84,000 sf. Ash Grove Cement Co. will move there in 2004, when its lease at 8900 Indian Creek Pkwy. expires.
SEATTLE-Owners of the Pagliacci chain of pizza stores have reached an agreement to buy the DeLaurenti Specialty Food Market within this city's Pike Place Market, which heretofore has not been occupied by a national chain.
DENVER-The city's multifamily market is healthy, concludes the latest research analysis by Marcus & Millichap's Denver office. There will be 30% fewer apartments break ground this year.
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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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Download ResourceFrom TheGuarantors
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.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
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