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EverWest sought out a project of the right size, submarket and value profile, and found that in Olympic Block, a mixed-use asset that allows value add and the ability to capitalize on double-digit rent growth.
RUTHERFORD, NJ—Commercial brokerage firm Savills reports it has launched a new specialization that will be focused on property disposition services.The…
Specifically, the retail sector experienced the greatest cap rate compression by four basis points to 6.23%. Moreover, this was the first quarter of downward cap rate movement for the retail sector following five consecutive quarters of upward movement.