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June 10, 2021

Inside Former Boston College Star Gosder Cherilus' Uphill Climb Into CRE

[Digital Summit] What makes the Seaport desirable in Boston's booming life sciences market? Experts discuss July 15

Breaking into Boston’s tight-knit commercial real estate community is a tall task, even for a local football hero.

Inside Former NFL First-Round Pick Gosder Cherilus' Uphill Climb Into Commercial Real Estate

Retired NFL offensive lineman Gosder Cherilus may be best known for his role on Boston College’s breakout 2007 team, when the 6-foot-7, then-316-pound tackle blocked for star quarterback Matt Ryan. He named his first development company Eagle Development Partners as a…

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Surging Industrial Demand Makes It Even Harder For Cannabis Cultivators To Grow

The city of Los Angeles’ Department of Cannabis Regulation keeps a list of cannabis cultivators that have applied for relocation — essentially, telling the city that they want to find a new building and change the address associated with their license. 

Joshua Joseph, senior associate, corporate real estate at James Capital Advisors, has a copy of the relocation list, received in September 2020. The list shows 53 cultivators who applied to relocate. 

The reason these businesses are looking to move to a new space is that their existing property is either too small or not suitable for utilizing their licenses to their full capacity, Joseph said, “and the reason they’re on that list is because they can't find [a new] one.”

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Common Takes Over Co-Living Rival As Industry Consolidation Continues

Common Takes Over Co-Living Rival As Industry Consolidation Continues  

What remains of the co-living industry continues to consolidate, and it looks like Common might wind up one of the last companies standing. Common has agreed to acquire the management assets of competitor >

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In Case You Missed It...

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New York City Drops $1B On LifeSci NYC, Doubling Previous Investment

New York City Drops $1B On LifeSci NYC, Doubling Previous Investment  

After last year’s record-breaking leasing year for lab space in the city, Mayor Bill de Blasio is looking to further catalyze the sector by investing $1B in life sciences. The mayor and the New York City Economic Development Corp. made the funding announcement this week as part of LifeSci NYC, an initiative announced…

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The Innovators: Weitzman Chief Marketing Officer Leisa Barger

Last year was brutal for retailers. But it was a little less so for retailers operating out of properties managed and/or leased by retail real estate services firm Weitzman in Texas thanks to a platform dreamed up and overseen by Chief Marketing Officer Leisa Barger.

When the coronavirus pandemic hit and foot traffic plummeted, Barger went to her database of Weitzman's 3,500 tenants in Texas' largest cities and determined which lacked digital footprints, which were considered more important than ever for retailers to survive. She then worked with those companies to build out websites and e-commerce platforms, and she helped them push emails and digital marketing solutions with a sharp SEO focus.

The proof is in the pudding: Small retailers who worked with Barger to improve their digital and e-commerce capabilities saw their traffic rise 25% to 28% on average after implementation. It also helped landlords — Weitzman-leased and managed properties retained 97% of their retail tenants through the pandemic.

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