Office

A passive index on REITs will be over-exposed to such risks, so essentially, investors need to have 'last mover advantage' to diversify properly and actively, says Jonathan Needell in this EXCLUSIVE.

In the arrangement, SL Green will maintain a majority share in the building in the 50/50 joint-venture, leaving the stake range between 45 percent and 49 percent.

The Golden Triangle Business Improvement District achieved LEED Platinum, the highest-level certification.

The REIT has been steadily building out its holdings since its IPO earlier this year.

West Monroe Partners' employees will move into the new space in the fall of 2020 from its current headquarters is at 222 W. Adams St., in The Franklin, where it has been since 2012 and currently leases 104,000 square feet.

NJ TRANSIT is soliciting written expressions of interest from firms to develop land owned by NJ TRANSIT along the 37-mile River LINE right-of-way, including 21 station areas across 15 municipalities, into vibrant TOD projects.

The commercial brokerage firm states that year-to-date leasing volume in Northern and Central New Jersey totas 6.2 million square feet—8.1% ahead of last year's totals during the same period.

Vacancy is expected to stay low, and supply and demand will remain unbalanced until at least 2022 or 2023, pushing asking rates, which increased 8.9% year-over-year to $82.23 per square foot.