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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 more property owners need to know what office tenants need.
Redevelopment is in the plans for one of the properties.
The ratings are based on metro populations and the performance of multifamily, office, retail, and industrial.
Although effective rents for prime offices are up, rents for Class B and C offices continue their downward trajectory.
Knowing how such things can happen should help inform CRE investors.
Median rent for a one-bedroom apartment increased 1.6% to $1,534 this month.
Most apartment hunters looking to relocate to Overland Park are from Kansas City and Chicago.
Local existing self-storage properties can benefit from the combination of less development and stronger demographics.
If you have a lot of buildings that provide self-storage services, might as well make some solar-powered money.
Fundamentals in the area matter.