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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.
Total development costs are around $110 million.
It all depends on who is right about R-Star.
Both companies claim a Wall Street Journal article was highly inaccurate.
The hike in the latest AIMI marked a sharp reversal from its decline in the previous quarter.
Some are also seeing declines in rents.
A pullback by major box stores and pharmacy chains could present more opportunities to healthcare retail.
It may offer an attractive option compared to those typically available.
If federal regulation doesn't occur, states will take control, making it increasingly difficult to be compliant.
The rent increase could heighten the appeal of these buildings to investors.
Some big sellers are becoming banks for the buyers, though there are tradeoffs.