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"The market in the US is fairly developed and many of those players are focusing on just sub-asset categories such as car dealerships, casinos or gas stations."
CBRE in its third quarter office report states that new office development is now forecast to be just below 2.5 million square feet by the end of 2020.
In its bankruptcy filing, Destination Maternity will commence to shutter no fewer than 175 locations by Oct. 28 and no fewer than 35 additional locations by Nov. 1.
Through what the city terms is a groundbreaking collaborative by government, businesses, philanthropies, and community leaders, the city will align more than $750 million in already allocated funding to the South and West Sides over the next three years.
To compete for and cater to residents in what is one of Brooklyn's most expensive submarkets, new and existing retailers are innovating their offerings outside of their traditional lane.
The parcel, also known as the western portion of Block A, encompasses approximately 2.18 acres, with base development capacity of nearly 1,100 residential units and 1.7 million square feet.