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Sales volume and prospecting activity held steady in the third quarter. WCRE states that third quarter leasing activity was higher in Camden County, and particularly in Cherry Hill, but fell for the region overall. Gross leasing absorption was positive, but trended lower quarter-over-quarter.
The deal to acquire the real estate appraisal and consulting firm that specializes in litigation support and related services significantly expands BBG's valuation litigation services and other capabilities in the region and nationwide.
ArborCrowd seeks to raise $5.15 million from investors for the remaining equity, which has been pre-funded into the project by an affiliate of ArborCrowd. The sponsor broke ground on the development in April, and construction is expected to be completed towards the end of 2020.
The Society of Industrial and Office Realtors will host its 2019 Fall World Conference from October 17 to 19 in Portland, where nearly 1,000 commercial real estate professionals will discuss CRE's latest trends.
JLL's newly hired tenant rep specialist Mike Sample focuses on servicing fast growing technology companies and the San Francisco office market sits primed for that type of activity.