Globest Sectors

Among the new transactions was the new lease with Hazen and Sawyer, D.P.C., for 8,635 square feet, as well as a renewal and expansion for Barbara J. Prasse, P.A. for 2,416 square feet and a renewal with American Mortgage Services for 2,236 square feet.

"The Opportunity Zone program is not a magic pill. It has the ability to make a good deal great but will not make a bad deal good.”

Philip Krispin, the director of Eastern Union’s Healthcare Group, talks about how a change in the way the federal government reimburses skilled nursing facilities will give owners and investors a chance to operate their facilities more profitably.

NJ TRANSIT has identified additional opportunities for similar TOD projects in Bordentown, Bound Brook, Camden, Hoboken, Trenton, and other communities throughout the Garden State.

“Despite talk of a deconversion slowdown, and Chicago’s proposed ordinance to increase the required approval rate to prevent ‘hostile’ deconversions, we believe the trend will continue as long as investor appetite for multifamily remains strong and people prefer to live in apartments,” Stengle says.

The deal, reported by Cushman & Wakefield, will allow Marble of the World, a division of The Stone Collection, LLC, to have the new Broward County facility join the firm’s American Society of Interior Designers award-winning showrooms in Arizona, Texas, Utah and Florida.

Yardi Rent Café’s customer relationship management software has grown to 3.1 million users.

Rents in the San Gabriel Valley are up nearly 17% year-over-year to $0.84 per square foot.