Succession planning and talent shortfalls are hampering the opportunities presented by large-block options across price ranges and markets, but law firms can still take advantage of broad growth and a favorable leasing environment.
The restaurant, which opened in 2018 on the Paramus Golf Course, will move operations to its new location at 227 Franklin Ave. in Nutley. Peg's signed a long-term lease for the 6,300-square-foot former Kyoto Buffet Restaurant space.
"The Philadelphia office market has seen immense momentum and rent growth over the past few years and the well capitalized Nightingale and Wafra partnership is in ideal position to capitalize on the favorable market dynamics,' says Walker & Dunlop's Rosenberg.
The firm, which signed a lease for more than 331,000 square feet in January 2019, inked a lease expansion for 108,343 square feet at the recently completed development at 2075 W. 43rd St.
Brokerage firm JLL worked on behalf of LeCesse Development Corp. and MAS Development Group to secure a $55-million construction loan through Citizens Bank and Lakeland Bank for the Vinty.
Equiem will provide Frost Bank Tower tenants with access to a wide variety of new services, events and experiences, as well as a range of facilities, amenities and retail already available onsite, all through one app.
The deal involves the purchase of the nine-building Shadeland Commerce Center that totals 1.7 million square feet as well as a 353,000-square-foot building.