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PHILADELPHIA—Asking rents increased in all submarkets, Colliers says. Free rent periods have decreased and the gap between asking and signing rents is generally below 10 percent
BOSTON—The revised multi-phased plan now calls for the development of more than 2.5 million square feet of mixed-use space at the historic South Station.
WASHINGTON, DC—Multifamily continues to be the US growth leader, posting the strongest rate of annual price gains among the four major property types, according to CoStar.
WEEHAWKEN, NJ AND BOSTON, MA—Mack-Cali Realty Corp. says its Roseland Residential Trust completed the acquisition of various partners' interests in Port Imperial on the Hudson River Waterfront and in East Boston, as well as the disposition of its subordinated ownership in two Port Imperial communities.
LOS ANGELES—The emerging market has already arrived, but there are still opportunities for growth in Playa Vista, Kevin Shannon of NGKF says in this EXCLUSIVE interview.
Newark skyline prices increased 0.7 percent to $33.03 per square foot, vs. the second quarter of 2015. On the Hudson Waterfront, prices declined by 0.3 percent to $37.80 per square foot during the same time period, as the absorption of higher priced office space exerted downward pressures on the submarket's rents.
SAN DIEGO—The 2016 edition of ICSC's big Western Conference and deal making event is gearing up at the end of August and GlobeSt.com chatted with a few expert sources on their expectations and predictions for the show among other things.