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The co-working firm tumbled downhill when it filed its IPO form to the Securities and Exchange Commission in August, ensuing a firestorm of criticism and ultimate withdrawal of the filing.
Currently at 96% occupancy, the buildings are located in a densely populated adult and residential area of Monroe Township, offering very favorable demographics for tenants.
Class A buildings in proximity to NJ Transit train stations remained on the radar screen for office occupiers with space requirements. More than 95.0% of the leases completed during the first half of 2019 were concentrated in Class A buildings.
During a recent competitive bidding process, Cushman & Wakefield conducted tours with more than 15 potential buyer groups and received multiple offers for 1 Gatehall Drive.
The amenities you offer can impact satisfaction and retention for employees and tenants, say panelists during a breakout session at the CREW Network Convention.
The industry is experiencing a shortage in the workforce and McCarthy is actively working to solve this by creating a director of craft training and development role to ensure crews are properly trained and developed.