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"Strong demand for industrial space in the Suburban Essex submarket and high occupancy at the portfolio made this an ideal time to sell this asset,” says Stephen Cassidy, president of Denholtz Associates.
An example of neighborhood retail demand is the Mid Valley Shopping Center, a 62,480-square-foot Safeway-anchored multi-tenant center, which was recently acquired from the original developer family.
Our team just returned from ICSC in Las Vegas and by initial numbers, we are being told it was the busiest Las Vegas convention since 2001, which means we are back to pre-recession activity levels.
LeaseQuery helps accountants and other finance professionals eliminate lease accounting errors through its CPA-approved lease accounting software and implementation process.