Once you turn 60, your perspective gets different, and you want to be in a place where, if there is another downturn, you can recover from it. Those words were from William Shoppoff, CEO and president of Shopoff Realty Investments LP, at the Crittenden Conference last week.
The executive director and managing director of research at Colliers International highlight surprising and key facts about Manhattan office leasing in Q1 2018.
Despite a challenged submarket with total availability increasing past 30% during the first quarter, leasing activity for One Park 10 has been strong and recent transactions have taken occupancy to more than 65%.
The top-tier office markets were off to a slow start this year, wrapping up what looks like one of the worst quarters of the last five years as fewer than 30 office deals closed across the top four markets.
"Balfour Beatty Communities was the natural choice to manage Mainstreet at Conyers given their extensive footprint in Georgia,” says Tim Burns, principal for Apex One Investment Partners.