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LAKEWOOD, NJ—Less than one year after Sudler completed new construction of the 140,000 square foot industrial building at 1001 New Hampshire Ave. in Lakewood, NJ, the building is already more than 85 percent leased, and Sudler is preparing to launch another spec project in the area.
PHILADELPHIA, PA—Marcus & Millichap has named John F. Thiry, CCIM, an industrial property expert, as a senior associate in the firm's Philadelphia office. Thiry also worked in mission control in Houston on manned spaceflights while in the Navy.
RUTHERFORD, NJ — Successful urban development requires a combination of strong local leadership, effective financial incentives, and an understanding of the new ways in which people go to work, say panelists at the 2015 RealShare New Jersey conference.
CHICAGO—The once-industrial neighborhood has shed its gritty past and in addition to sleek offices, has attracted residents and the many services they need.
Adaptive reuse projects are still popular in urban areas. This generation of consumers wants all the comforts of a modern building and in order to accomplish that, your building has to be up to current codes.
CHICAGO— Jim Kinney, president of the state association of realtors, also tells GlobeSt.com that he does not expect the Fed to boost rates this year or next.
MADISON, NJ—Evolving shopper preferences toward same-day delivery and mobile wallet platforms are expected to make an impact on brick-and-mortar store configuration, Coldwell Banker Commercial's Fred Schmidt tells GlobeSt.com.