Buyers Flock To Jersey City
As Interest Rates Jump
“We're expecting to keep increasing prices as we move forward,” said JCity Realty principal broker Natalie Miniard, who, with her business partner, launched the firm to assist developers capitalizing on the underserved condo market and flood of rental communities opening.…
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Flurry Of Office Deals
Close in Jersey City
A winter nor'easter wasn't enough to slow dealmaking in Jersey City this week. A large loan and two major leases have closed.
First, Dividend Capital Diversified Property Fund closed on $146.6M in financing from New York Life Real Estate Investors for…
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The Secret Corporate Heart Of Princeton
Princeton, N.J., is primarily thought of as home to one of the world's premier universities. Two corporate developments by RXR Realty are aiming to alter that narrative.
Situated equidistant between Philadelphia and New York City at the intersection of Route…
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Burlington To Pick Up
Macy's Sales Slack
With Macy's set to close more than 60 of its US stores, BMO Capital Markets predicts that New Jersey-based Burlington Stores — known for cheaper-than-department-store prices — could see a 15-cent boost to its earnings per share as its locations pick…
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Jersey City Waterfront Getting 2.1M SF Mixed-Use Development
Jersey City is getting a huge new mixed-use development at 246 Johnston Ave on one of the last remaining waterfront development sites in the city.
Quadrum Global's project, which it's calling Liberty View, will cover 2.12M SF and contain 995 residential…
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The Healthy Building Movement: A $1T Industry Built On Nothing More Than Good Intentions
Healthy and sustainable construction became a trillion-dollar industry in 2016, and it's doubling every three years. But while sustainable design is fairly backed by data supporting its impact and ROI, wellness is much more intangible, and workplace experts don't agree on the so-called proof behind it.
“Anyone who says they can give you specific data proving that a given wellness measure works — I'd be skeptical,” said Nina Charnotskaia, who leads all of CBRE's workplace research efforts in the Americas.
Ask a room full of architects,…
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Mall Owners Struggle To Unload Real Estate Assets With Limited Buyers Pool
Given the excess of available retail real estate on the market, it's getting increasingly difficult for mall owners to sell properties, especially considering the limited pool of buyers.
Most of the shuttering department stores and mall-dependent retailers are closing locations in weak centers with declining foot traffic—which aren't easy stores to sell.
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Mack-Cali Sells Final DC-Area Office Building, Prepares To Sell 15-Acre Greenbelt Site
A 122k SF Class-A office building in Prince George's County and an adjacent development parcel have just traded hands for $6.25M.
Chesapeake Real Estate Group, along with the principals from Thompson Creek Window Co, bought the property, located at 4200 Parliament…
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4 Reasons Investors Can Still Look To Multifamily As A Safe Bet
The multifamily market is showing signs of a moderate slowdown this year, with average apartment rents decelerating on a national scale and incoming supply expected to push up vacancy rates. Experts say the sector will remain strong amidst these challenges, as outlined in Yardi Matrix's U.S. Multifamily Outlook report.
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