Globest Sectors

Catalyst is also seeking to add services such as job-training programs, community health clinics, pre-kindergartens and affordable grocery stores to its developments.

Real estate brokers and attorneys with clients assessing what's on the market see added value in OZ designations.

The Livingston, NJ-based firm reports that in the past 12 weeks it has arranged 11 urban-core sales totaling more than $36.85 million that involved more than 226 units spanning Elizabeth, East Orange and Orange markets.

Kimmerle Newman Architect's 111 Littleton Road, a three story, 36,389 square-foot office building located in the heart of Parsippany, NJ was converted from a tired Class C building into a modern Class A structure, and was nominated and won a Good Neighbor Award from the New Jersey Business & Industry Association as well.

The project includes the company's purchase of a 148,000-square-foot building in Pottsville, which is expected to create 100 new, full-time jobs over the next three years.

With the launch, COHESION is now live in a total of 2.1 million square feet across two Chicago Premier Class A properties: 151 North Franklin and 155 North Wacker, developed and managed by The John Buck Co.

RevPAR growth was 1.5% in the first quarter and hotel occupancy rates were flat in most markets.

The Sacramento market continues to see Bay Area investors looking for quality properties with sensible returns, and TRI Commercial/CORFAC looks to capitalize on that activity with a recent management restructure.