“The retail market continues to be actively bid upon by private as well as institutional investors alike as they look for quality and yield,” says HFF's José Cruz.
This year's RealShare Philadelphia conference kicks off Wednesday, February 7 at 1:30 pm at the Union League Club, 140 South Broad Street, Philadelphia, PA.
“To maximize Trenton's residential market, it will be important to focus on developing higher-density housing types while also redeveloping existing buildings in downtown Trenton,” says Greater Trenton's George Sowa.
“The Philadelphia region is particularly well-positioned with a strong industry presence in University City, the Route 202 corridor, and the Navy Yard, among others," says CBRE's Ian Anderson, lead author of the report.
“We are cautiously optimistic that market fundamentals will remain strong, that industrial will remain hot, at least till the end of the year,” says Michael McGuinness, CEO of the NAIOP New Jersey chapter.