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PHOENIX— The company has 70 stores in California and Nevada, and is currently expanding into Texas as well as Arizona, with stores ranging in size from 10,000 to 12,000 square feet.
BOSTON—In response to the decision earlier this year by Gov. Charlie Baker to delay the planned $1-billion expansion of the Boston Convention & Exhibition Center, the Massachusetts Port Authority has issued a Request for Qualifications for a significant mixed-use project across the street.
MORRISTOWN, NJ—After more than 25 years in Mount Olive, The Rockefeller Group's New Jersey office is relocating to Headquarters Plaza in downtown Morristown. The commercial and residential real estate development company, will occupy 7,000 square feet on the 9th floor of the complex's North Tower.
NEW YORK CITY—In the view of respondents to a Situs RERC survey, "Commercial real estate is still a good investment but not as strong as an opportunity, given higher prices across the board," observes the firm's Kenneth Riggs.
PHILADELPHIA, PA—Asking rents for Center City Philadelphia office space have risen nearly four percent year over year, while availabilities have declined by 2.2 percent, according to third quarter research by Paul Garberson at Savills Studley.