Globest Sectors

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

“Flexibility over the life of a lease is one advantage to unassigned seating, as moves, adds and changes become significantly easier.”

“We are in the advanced planning stages of a complete makeover of the hotel to upgrade the guest experience," says Dave Pollin, co-founder of The Buccini/Pollin Group.

John Pollock of Meridian discussed elder care and healthcare trends that are more pronounced in the Bay Area due to land/building scarcity and rising costs in the second of a two-part <b>EXCLUSIVE</b>.

The new facility will help bolster trade at the Port of New York and New Jersey and create more than 2,700 new jobs, generated by construction and future tenants.

The New York City Council passed a proposal to demolish the Spofford Juvenile Detention Center in the South Bronx and replace it with an affordable housing and jobs project.

In anticipation of a market correction, retail owners are bringing properties to market before the high pricing comes to an end.

Tim Huffman, senior vice president at CBRE, tells GlobeSt.com what's driving the trend.