GARDEN CITY, NY-L'Abbate, Balkan, Colavita & Contini will move into the entire third floor and part of the lower level when 1001 Franklin Ave. opens in September. The three-story building is currently undergoing renovations.

NEW YORK CITY-The transaction is expected to close in the first quarter. The company is targeting $250 million worth of acquisitions this year, according to CEO and president Marc Holliday.

NEW YORK CITY-The transaction is expected to close in the first quarter. The company is targeting $250 million worth of acquisitions this year, according to CEO and president Marc Holliday.

BROOKLYN, NY-The transactions represent 104 jobs and a total of 62,400 sf. The 3.5-million industrial property is 98% occupied and is slated for a 500,000-sf expansion within the next five years.

NEW YORK CITY-With the economic upswing, more firms are joining Morgan Stanley and American Express with lease deals Downtown. The rents aren't hurting the activity either, according to area brokers.

NEW YORK CITY-Class A retail property values per sf continue to pull ahead of the other commercial real estate sectors; however, the number began to moderate in the final quarter of 2004, according to the National Real Estate Index published by Global Real Analytics, LLC.

Hotel development has bounced back yet again; however, it has concentrated mainly in limited service and middle market.

NEW YORK CITY-Since 2002, PricewaterhouseCoopers LLP has been on the money when it comes to forecasting occupancy levels. If that continues, the lodging industry will see "very strong occupancy levels" over the next few years, according to Bjorn Hanson, global hospitality industry leader.