Industrial

Jeff Lyon announces that Kidder Mathews will complete its three-year succession plan with the promotion of the firm's president and COO, Bill Frame, to CEO on July 1, 2020, and Lyon will remain chairman.

Cushman & Wakefield continues to market the remaining approximately 845,000 square feet at the 230-acre site, which represents one of the largest blocks of available modern warehouse space in the New Jersey and Northern Pennsylvania markets.

Preliminary plans call for Sherwin-Williams to invest a minimum of $600 million to build both facilities in the Cleveland suburb.

Up until his appointment, Brown served as senior project manager at CBRE, where he partnered with clients and managed efforts of design consultants and general contractors to achieve project goals.

New Jersey US Senators Cory Booker and Bob Menendez joined 13 other Northeast Senators in a letter to FRA Administrator Ronald Batory that the agency finalize and approve plans to immediately advance the Hudson Tunnel Project into the design and construction phase, noting the project secured draft Environmental Impact Statement approval in 2017.

A new report from Colliers International shows that industrial net absorption has been decreasing since 2017.

As investors look for defensive assets, multifamily could garner a lot of attention.

Those proposed reforms, which affect how TIF spending occurs within existing districts, will increase transparency for future TIF allocations while establishing new guidelines for TIF spending, internal review and approval processes and public disclosures, according to the mayor.