Business Specialties
Goldman Sachs JV Buys NJ Retail Center
Springfield Avenue Marketplace in Newark comprises 120,000 square feet and provides residents from the area—including students from four universities—a wide array of shopping and dining options.
Don’t Rush to Opportunity Zones
Leaders in the real estate and finance sectors advised those looking to take part in the federal program to proceed with caution.
New Locales Are Prime for Amazon’s Dual HQ
NetCMG’s Jonathan Hipp points to the market-wide shifts that are already occurring in the wake of the e-commerce giant’s rise, accelerated by the company’s decision to split its new headquarters.
Where Are Transactions Moderating?
Supply has remained in check throughout the recovery, and overall fundamentals remain steady, although slowing deal flow may persist for some property types, according to Yardi Matrix’s Chris Nebenzahl.
Fitch Forecasts Strong Multifamily REIT Performance
The rating agency’s Senior Director Stephen Boyd details the trends that have positioned multifamily REITs to fill vacancies and execute portfolio strategies.
Broadbridge Financial Signs Lease at Manhattan Tower
The global fintech firm will occupy 85,000 square feet at a 44-story, Fisher Brothers-owned building. The property underwent $25 million in capital improvements two years ago.
Skanska Tops Out Seattle Office Tower
The 2+U high-rise, taking shape above a plaza that will feature 17,000 square feet of retail and cultural space, will hover 530 feet over the city’s central business district.
Endurance, Blue Vista Break Ground on PA Distribution Center
Construction has begun on the 125,125-square-foot build-to-suit facility, which is located off Interstate 81 in Northeast Pennsylvania and scheduled for delivery in the third quarter of 2019.
Why Fundraisers Like the Value-Add Urban Office Sector
JLL Capital Markets Managing Director Nooshin Felsenthal analyzes the trends that are motivating more investors to target these opportunities this late in the business cycle.
Navigating Construction Loans, Part 3
In the final installment of this series, Avison Young Principal Jay Maddox addresses some of the challenges unique to the financing mechanism.