Leasing

The average overall market rent for the region stood at $6.50-a-square-foot, a 1% increase versus last quarter, and a 6.2% increase versus the same period last year.

CCIM Institute Global Meeting and Conference explores the risks and opportunities of recreational cannabis legalization and why understanding zoning is essential.

There was a fair amount of buzz about Ross coming to Addison Town Center and last weekend's grand opening generated a lot of traffic in the center with a full parking lot, a full store and long lines.

Tech tenants are increasingly drawn to buildings that provide tenant lounges, fitness centers and other wellness initiatives/programs such as sit/stand desks, and of course, walkability to restaurants is a must.

Completed this Fall, the 110-unit property has 10,600 square feet of commercial space.

Quadrum Global has expanded its Quadrum Senior Living division with the launch of a new management platform.

The TOBY award in the category in the 100,000- to 249,999-square-foot office building category, will be bestowed to Transwestern Commercial Services, which provides leasing and property management services for the 228,350-square-foot property.

NAI Mertz, which has its regional office based in Mount Laurel, NJ reports that brokerage team of Rebecca Ting, SIOR, senior vice president, and Julie Kronfeld, SIOR, vice president, recently completed two leases totaling 9,620 square feet at the properties.