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PHILADELPHIA, PA—Panelists at the ALM Media RealShare Philadelphia conference held Wednesday at the historic Union League Club in Center City Philadelphia say the City of Brotherly Love may be better positioned than New York City for growth in its commercial real estate markets, and commented on the relative ease of doing business in the city. William "Billy" Procida of Procida Funding calls Philadelphia "the best city I have ever been to.
WOODBRIDGE, NJ—Onyx Equities says it leased nearly 850,000 square feet of space in 2014, with more than a quarter of a million square feet leased in the fourth quarter alone. Adam Karafiol, senior vice president of leasing for Onyx Equities, says the company's performance relies on making significant capital investments in properties to attract and retain tenants.
CHICAGO—In this <B>UPDATE</B>, company officials say that demand for office space in the neighborhood currently exceeds supply and it's time for a new speculative project.
FORT LAUDERDALE, FL—The class A office building in Downtown Fort Lauderdale has inked 51,289 square feet of office space over the past 12 months. Find out what's driving the leasing streak.
WASHINGTON, DC—FIRPTA and a tax credit for combined heat and power systems are on the agenda and industry advocates are feeling optimistic that they will be approved.