"Strong demand for industrial space in the Suburban Essex submarket and high occupancy at the portfolio made this an ideal time to sell this asset,” says Stephen Cassidy, president of Denholtz Associates.
LeaseQuery helps accountants and other finance professionals eliminate lease accounting errors through its CPA-approved lease accounting software and implementation process.
Rent growth has leveled off in Downtown Los Angeles, and with new and renovated product hitting the market this year, office tenants will have plenty of room for negotiation.
Vornado Realty Trust inked a deal with the new live theatre to create the largest studio facility in Manhattan for rehearsals, auditions and office space for Broadway shows.
Investors were attracted to the synergy among Northside Hospital and Glenridge, and the opportunity to develop the existing pad site for a variety of potential uses.