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The industrial rent growth through the first two quarters of 2019 was nearly double the national average for rent appreciation at 10.7% but slightly lower than growth for 2018, an all-time historical high.
In this EXCLUSIVE, Dick Cassetti, Colliers International Pittsburgh market leader, and Lisa Mikolay, Pittsburgh operations manager, recently discussed Colliers' recent growth in Pittsburgh and plans for increasing market share in the region with tech at the forefront.
The increased drive for experience-based retail across the nation and in Dallas reflects a deeper economic trend─one with implications that go far beyond shopping centers and Millennials' shifting tastes.
A $128.3 million loan has been secured for the development by JLL, working on behalf of the developer, Kaizen Development Partners, to secure the five-year floating-rate construction loan.
For GlobeSt.com's 2019 ADAPT awards, we examined adaptive reuse projects throughout the nation. This year, we recognize Piazza Pod Park as the commercial project transformation of the year.
The joint venture partnership says it will embark on a multi-million-dollar repositioning of the property. Keystone reports that it will also relocate its headquarters, currently located at SORA East in Downtown Conshohocken, to the office complex.
The corporate name change comes as the firm gets set to begin a new $250-million project—Seaboard Station—and open a new office this fall in Raleigh, NC.