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“As enterprise users migrate out of corporate owned facilities to the cloud, in many cases they are leaving behind excellent real estate that can be repurposed, creating great investment opportunities.”
The proposed legislation would allow the issuance of non-transferable liquor permits in a narrow class of transit-oriented districts designated for redevelopment. For the immediate future, that definition only applies to Hackensack.
The New York City-based REIT reports that in connection with the completed 99-year lease for the commercial space at the Farley Post office building with the state's Empire State Development Corp., the Vornado-Related joint venture has made a $230-million upfront contribution to the construction of the Moynihan Train Hall.
The same entities who complain about San Diego's high rents and housing prices are those who are making multifamily development difficult, which creates a conundrum, CBRE's Kevin Mulhern tells GlobeSt.com.
The intense interest in Lehigh Valley locations is driving up costs and making land more difficult to find, says Del Markward, SIOR. Markward has been brokering land in the region since 1995 and is president-elect of the national SIOR organization. Listen to an exclusive audio interview.
“Both the sponsor and the lender recognized the asset's potential and the strong employment drivers that would push rent growth, as well as generate increased demand for the location over time."
Located in the historic district with a walkable plaza, Artist Walk mixed-use site near ACE and BART has 65% retail occupancy as the 185-unit community also commences leasing, GlobeSt.com learns in this <b>EXCLUSIVE</b>.