“We continue to see the growth of the University of Pennsylvania and Drexel University driving the demand for housing in this submarket and driving growth and redevelopment further west,” says Rittenhouse Realty's Ken Wellar.
“We were a little bit ahead of the curve in terms of understanding where values are headed in this cold storage subsector,” says HFF's Greg Nalbandian.
Liberty expects to leverage Raiman's expertise as a real estate investor, "as we capitalize on the opportunities afforded by the industrial markets and our repositioned industrial platform,” says Liberty CEO Bill Hankowsky.
“Value-add multifamily is still in high demand,” says Marcus & Millichap's Clarke Talone. “Buyers are willing to accept low current returns for an opportunity to improve a property and generate higher rents.”
Listen to our exclusive audio interview with Kevin Havens of design and delivery firm Wight & Company about how Joliet, IL, is anchoring its downtown revitalization plans to a new courthouse and court administration complex.
“MPC II is a great example of a highly sought-after, fully occupied, on-campus outpatient facility – fully integrated into Indiana University Health's Methodist Hospital," says JLL's Mindy Berman.