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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.
But some fear that people could get too confident.
Faltering economic conditions could make as much as 1.2 billion square feet of office space in CBDs fit for residential use.
Green Street looks at sales in the first half of 2024.
Over 35% of new industrial construction under way consists of massive facilities of one million SF or more.
After cutting 30% of its locations and expanding its small format model, the brand attracts a wider demographic of shoppers.
Net lease owners and developers have to consider the company's staying power.
These increases in cap rates have been accompanied by a sharp decline in the number of closed transactions.
"Things slowed down tremendously," James Koman said.
Rastegar's CEO said he is seeing "ridiculously low offers" on its properties.
The buildings are fully leased to a global e-commerce leader.