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SAN MARCOS, CA—Pure power-center plays in a secondary location can be more challenging from a financing perspective unless a borrower has a clear strategy for repositioning the tenant base, HFF's John Chun tells GlobeSt.com.
ATLANTA—“Given the challenges that arise from a healthy real estate market, including rising real estate costs, competition for space, and increased construction costs, a thoughtful growth strategy is paramount.”
ARLINGTON, VA--”We are seeing an overall housing picture where overall housing demand is becoming more balanced between single-family and multifamily...just about more than any time over the last 15 years.”
LONDON—With concerns about the rate of return they can achieve this year, some institutional investors are limiting their short-term real estate exposure, says Preqin.
SOMERSET, NJ—The complete renovation, including new carpets, paint, wall coverings, LED lighting, herculite glass door entrances and revamped elevator interiors, is projected for completion in Spring 2017.
PHILADELPHIA—Attracting entrepreneurs to office space requires building a "magnet for innovation," says Stas Gayshan, the Cambridge Innovation Center's managing director. CIC is opening an office in Philadelphia to take advantage of the rising number of entrepreneurial startups in the city.
LOS ANGELES—Ecommerce companies are leasing infill distribution centers to get products to consumers quickly, but taking and storing returns is becoming a huge and costly problem.
NEW YORK CITY—The life science oriented REIT has tapped eight start-ups as the inaugural class for new wet lab and co-working space now under construction.