“The property's attractive location in the Kinzie Industrial Corridor, on-premise parking and proximity to public transportation and nearby expressways were all factors in our decision to buy,” says Michael Schack, principal of Dayton Street Partners.
Scott Martin's experience in the health care real estate niche will add depth to Avison Young's office leasing team and strengthen its multi-faceted service-line approach for clients, says the firm's David Fahey.
Thanks in part to the Toys R Us closure putting several more retail boxes on the market in San Diego, big box absorption increased, with 18 total properties leased last year.
“Resilience is central to the design and construction of South Beach at Long Branch,” says construction manager David Ulassin, president of Cornerstone Construction Services in Somerville, NJ,
Construction of 23 big box buildings totaling 10.2 million square feet was completed during 2018, with 16 projects totaling 6.9 million square feet built on a speculative basis.