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.
The 99-year ground lease will bring UMass $235 million and has the potential to foster 3.4 million square feet of mixed-use development at the property.
Bain Capital raised $1.5 billion for its debut real estate fund, surpassing the original $1 billion target, as investors pour record amounts of capital…
“We like the Philadelphia market, and in particular the local demand generators in the King of Prussia sub-market,” says David Lifschitz, president and CEO of The Gehr Group.
Somerset Station, which will be located along NJ TRANSIT's Raritan Valley line, will include two apartment buildings totaling 371 units, 156 townhomes in 14 buildings; two parking garages; 4,000 square feet of retail space and a 4,000-square-foot community civic center.
EverWest Real Estate and Accordia Realty Ventures acquired 20 acres of land at 85 Stults Road, along with a 369,000-square-foot building at 83 Stults Road, from Hermann's Services Inc. in 2017.
Interactive tools can bring together landlords and tenants to edit and negotiate leases in a more positive, time-saving interaction, says the co-founder of LeasePilot.