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 organization 17-Forward-86 staged a press conference today at the State Legislative Office Building in Albany where it unveiled its initiative to convince state lawmakers to fund a third lane each way on Route 17 from the Exit 131 Harriman interchange to Exit 103 in Monticello.
While transaction volumes may fluctuate heavily in these product types, a strong flow of capital is pouring into the net-lease space, especially through 1031 exchanges, say Stephen Schrenk and Marc Mandel of HFF.
The New York City-based company, which has grown since its founding in 2013 to have more than 60 locations in 35 cities, signed a lease with Parkway Property Investments at the 30-story, 539,000-square-foot office tower.
Sussex County in general, and Newton in particular are emerging as a suburban bedroom community choice for out-commuters, says Gebroe-Hammer's Stephen Tragash.