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Well, it couldn't last forever. The cannabis market is leveling off in Washington State, six years after legalization. But as resistance slips inside the Beltway, the market could take another long hit.
Secaucus, NJ-based Hartz Mountain has previously stated while in contract for the property that it plans to demolish the more than 413,500-square-foot complex and develop warehouse and distribution space at the site.
The Silverman Group, a family-owned and operated private equity and real estate development organization based in Basking Ridge, NJ, is growing its Atlanta industrial holdings.
The new Seoul office is Toronto-based Avison Young's 85th office globally, and is an additional step in the firm's ongoing aggressive global growth and expansion strategy. Full operations in Seoul will begin on Nov. 1, 2018, company officials state.
As the market fires on all cylinders, Houston is increasingly competing with other major US industrial markets for big-box distribution deals, which are aggressively being pursued by investors ready to turn dirt.
Autonomous vehicles already exist, and real estate companies should be thinking about how to adapt their assets to rapid changes that are coming as a result.
The newly launched Valuation Portfolio Services practice is aimed at firms seeking valuation solutions for multiple properties located across the United States or around the globe.
The acquisition of GRM China will expand Iron Mountain's presence in Beijing, Shanghai, Guangdong, Qingdao, Dalian, Chengdu and Wuhan (including more than 2.5 million cubic feet of storage).