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NEWARK, NJ—Rutgers will need both a curriculum broad enough to assure employers that students are coming out well-trained, and a “reverb action,” where employers happy with their hires from Rutgers return to the school seeking additional candidates, Riordan says.
NEW YORK CITY—Make no mistake. Kyle Matthews of the firm that bears his name is bullish on retail real estate. Nevertheless, some markets in his view are more equal than others, as he explains in this exclusive video interview from the ICSC New York National Deal Making event.
GRAND PRAIRIE, TX—The facility will feature the latest technology, ample truck courts and vehicular parking, and a prime location on one of the last remaining infill sites in the Great Southwest Industrial Park.
HOUSTON—The 90,000-square-foot medical office building, Kingwood Medical Arts, recently sold for a 62% increase in value and new leases during Origin's ownership nearly doubled, from 52.5% to 90%.
IRVINE, CA—“The prospect of further interest rate hikes in 2017 will likely cause further deterioration of home affordability next year,” says Daren Blomquist at ATTOM.
NEW YORK CITY—The REIT will use the financing largely to acquire the remaining equity interest in Worldwide Plaza that the company doesn't already own.
LOS ANGELES—Sperry Commercial has acquired Atlas Real Estate Group as an affiliate in Pasadena, allowing the firm to expand its presence in the San Gabriel Valley.
NEW YORK CITY—Now a parking lot with the potential for 1.1 million square feet of development as of right, 85 Jay St. has “tremendous upside,” says Kushner president Laurent Morali.