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BOSTON—The Greater Boston lab market, which totals 19.9 million square feet, posted its lowest availability on record at the mid-point of this year at just 4.7%, according to brokerage firm Transwestern | RBJ.
NORTH BERGEN, NJ—The 292,689-square-foot property, at 2500 East 83rd Street in North Bergen, NJ, contains a refrigerated and climate controlled industrial space.
NEW YORK CITY—The draft scope of work for an environmental impact statement on the “Greater East Midtown Rezoning” proposal calls for zoning changes that would allow the tallest new buildings in Midtown East to be developed near Grand Central Terminal.
LOS ANGELES—Kennedy Wilson's partnership with Cal State Channel Islands is the largest real estate monetization in the school system's history, but it is likely the start of many more partnership deals from the Cal State system.
SAN JOSE—An updated rent control ordinance reduces annual increases to 5%, eliminates the catch-up rent exception and debt pass-through, and places greater restrictions on passing through capital improvement costs, as discussed in this <b>EXCLUSIVE</b>.
LADERA RANCH, CA—Adding a 1031-Exchange business to its line is one of the ways SmartStop is keeping up with the demands of small retail investors seeking a greater variety of investment options, the firm's John Strockis tells GlobeSt.com <b>EXCLUSIVELY</b>.
PHILADELPHIA—Carpenter Technology's Philadelphia location will bring approximately 100 positions to the city, over time. The move by the specialty metals company provides better access to transportation, customer markets, world-class universities, and increased visibility with broad talent pools.