Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
David Coelho, the CIO of Bridge's Opportunity Zone Strategy, talks about the company's investing in 12 assets which are spread across eight markets in the US.
Resinski will lead BOMA as it prepares to serve as host city for the 2020 BOMA International conference, a four-day event attracting thousands of commercial real estate professionals nationwide to Philadelphia.
According to a report released by commercial brokerage firm Cushman & Wakefield, the statewide industrial vacancy rate hit a record low of 3.3%, while asking rents ended the second quarter at $9.27-per-square-foot), a record-high.
"One of the most interesting developments that we have been focusing on is augmented reality–the concept of adding virtual technology to real-world experiences."
The ownership secured $550 million in financing to develop an additional 300,000 square feet at the iconic 463,114-sqiare-foot luxury shopping center. The expansion will include a 57,414-square-foot space to be occupied by Barneys New York, which will be Barneys' only flagship store in the southeastern United States.