Office

Thor Equities acquired the property last month to add to the firm's dedicated life sciences platform and meet the demand for laboratory and research and development space in the region.

"It will take several years for vacancy rates to fall back to their pre-crisis levels."

The COVID-19 global pandemic continues to cause mass commercial real estate vacancies throughout the US. Many buildings were ordered closed with limited…

The influx of people to Dania Pointe, are partly people who are fleeing from crowded Miami, says Colliers' Mika Mattingly.

Office, restaurant and retail landlords may have to evolve if consumer and business habits change.

Owners planning to sell assets this year have pushed plans back as part of a strategic shift to respond the pandemic.

Also, 13% of respondents noted they had already made cost reductions in real estate expenses, with another 9% planning to take actions in this area in the coming months.

The funding for the New Jersey transit system was announced by US Rep. Chris Smith (R-NJ) and requires no local matching cost-share. The $2-trillion stimulus bill called the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by the House and signed into law by President Trump on March 27.