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With a large gap between supply and demand causing significant cap-rate compression—especially along the coast—investors are looking to less pricy areas within the county as well as other markets, Avison Young's Peter Hauser tells GlobeSt.com.
The demand for settings where people can work and live is increasing, and so is the need for tenant amenities such as outdoor space, fitness centers and workplace zones, LPA says in the first of a two part <b>EXCLUSIVE</b>.
In an <b>EXCLUSIVE</b> interview, Stan Johnson's Daniel Herrold says that there is no problem with demand in the 20,000-40,000-square-foot range but he does see issues backfilling vacant space in the larger department store prototypes.
Founded by Harvey Rosenblatt in 2015, P3RE now owns a portfolio of approximately two million square feet of commercial office and retail space in and around New Jersey.
“There are actually vast differences in how US cities approach broadband planning and policy, making certain cities better suited than others for Amazon,” WiredScore's Arie Barendrecht tells GlobeSt.com.
American Campus Communities' plan to acquire a blue-chip student housing portfolio and EdR's hiring of a university partnership veteran augur well for both companies, says Green Street Advisors' Ryan Burke.
The renovation of the 90,000-square-foot in-fill cold storage facility, Logistics Pointe, will allow the tenant, Kraft Heinz Company, to quickly transport cold goods to retail and/or consumers.