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NEW YORK CITY—Located on the East Side of the neighborhood, the walk-up building's location and month-to-month leases enticed investors in an online auction.
LOS ANGELES—Bank credit is still scarce for those who are not fully liquid, thus stalling the economy's growth engine, writes the Charles Dunn Co. senior managing director in this <b>EXCLUSIVE</b> commentary.
ST. LOUIS—In the last year, there has been talk about the Rams leaving St. Louis and re-locating to another city, perhaps Los Angeles, and today former Ram and president of Lee & Associates Tom Homco discusses what that would mean to St. Louis and the CRE market.
KANSAS CITY—According to DTZ, a big boost in jobs has lifted both the downtown and the increasingly vibrant industrial and office markets in the suburbs.
PHILADELPHIA, PA–Mack-Cali and its Roseland subsidiary have formed a joint venture with Parkway Corporation to develop a luxury multi-family community at 709 Chestnut Street in Philadelphia. The development, currently in the planning and permitting stages, is slated to commence construction by the end of 2015.
OLD BRIDGE, NJ–Auto parts and accessories chain AutoZone has leased 7,500 square feet at 2500 Route 9 Plaza in Old Bridge. Marcia Minton, leasing representative for Levin Management, leasing and managing agent for the 26,000-square-foot shopping center owned by Adam Corporation, negotiated the long-term lease.