Leasing momentum within the Vision Real Estate Partners portfolio continues, with several notable transactions in the pipeline, according to Ross Chomik, managing partner.
Incorporating WELL concepts into a new facility will provide building occupants with an enhanced experience landlords, tenants and clients with unique advantages, Ware Malcomb's Tiffany English tells GlobeSt.com.
While this is a shrinking trend, players with mature brick-and-mortar and e-commerce platforms are remaining and thriving in the market, CBRE's Reg Kobzi tells GlobeSt.com.
The new trophy properties have leased well, but the shadow space issue could worsen if upcoming developments attract existing downtown tenants rather than outside users.
With Winn-Dixie filing bankruptcy and Amazon getting into the grocery business through the Whole Foods acquisition, the grocery real estate scene could be changing.
"It's a modern facility near everything downtown West Orange offers, and it benefits from the positive energy provided by thriving businesses,” says Sheldon Gross, president and CEO of Sheldon Gross Realty.
A good location with income stream from a solid urban tenant is a priority for players ranging from institutional buyers to private-capital funds, Colliers' Bill Shrader tells GlobeSt.com.