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WHIPPANY, NJ–The Crossings at Jefferson Park has been transformed from a powerhouse into a stand-alone community amenity center, furthering the Whippany office property's distinctive work/play environment.
NEWARK, NJ—A novel approach to the challenge of creating urban agriculture got underway in a heavily industrial section of New Jersey's largest city today. State and local officals joined executives of AeroFarms for the groundbreaking of the company's 69,000 square-foot, $30 million vertical farm facility in the Ironbound section. Watch our exclusive video news report.
UNION TOWNSHIP, PA—Clarion Partners and MRP Industrial have begun construction of Building B at Gateway Logistics Park, a class A, 500,000-square-foot speculative project located in Union Township, Lebanon County, PA.
CHICAGO—The office market got a bit of a pickup in the second quarter, and much of it was thanks to solid numbers for class B properties in the Central Loop.
CALABASAS, CA—“Modest wage gains and a dip in the participation rate will likely have little effect on the Federal Reserve's stance on a rate hike,” writes Marcus & Millichap's Hessam Nadji.
NEW YORK CITY—The projections bode well for continuing economic improvement and commercial real estate metrics, although unlimited growth potential isn't in the forecast.
NEW YORK CITY—Steven Witkoff and Michael Ashner, CEOs of the Witkoff Group and First Winthrop Corp., respectively, have sent their third letter to the REIT's board citing several major issues and offering to provide counsel and a “substantial cash infusion” to the organization.