Posted on 1/8/21
KB Home Enters Titusville Market and Announces the Grand Opening of Verona, a New-Home Community Priced From the $250,000s
TITUSVILLE, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced the grand opening of Verona, a new single-family home community in Titusville. In a premier location, Verona is . . .
Posted on 1/8/21
Erasteel Completes Sale of 95 Fulton Street in Boonton, New Jersey
JLL Northeast Industrial Markets announced that it has completed the sale of 95 Fulton Street in Boonton, New Jersey on behalf of Erasteel, Inc. The 55,000-square-foot . . .
Posted on 1/8/21
Dodge Momentum Index Ends 2020 on a High Note
HAMILTON, N.J.--(BUSINESS WIRE)--The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. The Momentum Index, issued by Dodge . . .
Posted on 1/8/21
Harbor Stone Advisors Arranges Sale of 14 Apartments in Charles Village
Harbor Stone Advisors has arranged the sale of The Flats at Charles, 14 units across 4 buildings in the Charles Village neighborhood of Baltimore City. Harbor . . .
Posted on 1/8/21
Industrial Leasing in the Current Climate: An Overview
Commercial real estate during the pandemic has surely had its ups and downs, but it is our job to highlight the constants amid the chaos. As . . .
Posted on 1/8/21
Quickway Japanese Hibachi to Open at Hunt Valley Towne Centre
Greenberg Gibbons announced today that Quickway Japanese Hibachi, a quick-service restaurant, will open this summer at Hunt Valley Towne Centre.“Quickway has an expansion plan for Baltimore . . .
Posted on 1/8/21
NAI Partners Arranges More Than 13,000 SF of Medical Office Transactions at 11301 Fallbrook
Partners Capital-owned Medical Office Building completes comprehensive renovations, enhancing asset’s appeal as medical and life sciences real estate activity ramps up in HoustonNAI Partners today announced . . .
Posted on 1/8/21
$92.5M Multifamily Sale Completed by Marcus & Millichap in Northern New Jersey
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of . . .
Posted on 1/8/21
St. John Properties Hires Larontay Gates Toin-House Property Management Team
St. John Properties, Inc., a Baltimore-based full-service commercial real estate development and investment company, has announced the hiring of Larontay Gates to the company’s in-house property . . .
Posted on 1/8/21
Whitestone REIT to Participate in the Capital One Securities Inaugural REIT Conference
HOUSTON, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) is a leader in community-centered REITs that acquires, owns, manages, develops and redevelops high quality . . .
Posted on 1/8/21
Compound Your Wealth With AvalonBay Communities
SummaryAVB has compounded shareholders' wealth at a significant rate for decades.Multiple recent fears have pressured AVB and in particular, its share price.The valuation is reasonable and . . .
Posted on 1/8/21
Innovative Industrial Properties Expands Real Estate Partnership with Holistic Industries in California
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated . . .
Posted on 1/8/21
Newmark Q4 Washington Metro Area Office Market Report
Washington Metropolitan Area Office MarketAverage Asking Rent (Price/SF)$41.14Vacancy Rate (%)16.9%Net Absorption (SF)-1,333,620The Washington metro area’s employment base continued its recovery during the fourth quarter of 2020 . . .
Posted on 1/8/21
Newmark Q4 Northern Virginia Office Market Report
Northern Virginia Office Market ReportAverage Asking Rent (Price/SF)$33.79Vacancy Rate (%)19.2%Net Absorption (SF)-868,672The effects of the pandemic on the Northern Virginia office market accelerated during the fourth . . .
Posted on 1/8/21
Newmark Q4 Baltimore Office Market Report
Baltimore Office MarketAverage Asking Rent (Price/SF)$24.13Vacancy Rate (%)13.7%Net Absorption (SF)-128,943The Baltimore metro area’s office market continued to soften in the fourth quarter of 2020, as occupancy . . .
Posted on 1/8/21
Newmark Q4 Philadelphia Office Market Report
Philadelphia Office MarketAverage Asking Rent (Price/SF)$30.36Vacancy Rate (%)15.1%Net Absorption (SF)-685,514As the saying goes, “it’s always darkest before dawn.” In the final quarter of 2020, office occupiers . . .
Posted on 1/8/21
Newmark Q4 San Diego Office Market Report
San Diego Office MarketAverage Asking Rent (Price/SF/Mo)$3.19Vacancy Rate (%)14.2%Net Absorption (SF)-532,091Landlords maintained higher asking rents in the face of slower economic activity as the average asking . . .
Posted on 1/8/21
Newmark Q4 Northern New Jersey Office Market Report
New Jersey Office MarketAverage Asking Rent (Price/SF)$29.87Availability Rate (%)25.0%Net Absorption (SF)-2,228,716The Northern New Jersey office market finished the year with a fourth consecutive quarter of negative . . .
Posted on 1/8/21
Newmark Q4 Los Angeles Office Market Report
Los Angeles Office MarketAverage Asking Rent (Price/SF/Mo)$3.67Vacancy Rate (%)16.5%Net Absorption (SF)-1,363,093Asking rent has yet to soften and remains high. Many landlords are reluctant to devalue their . . .
Posted on 1/8/21
Newmark Q4 Pittsburgh Office Market Report
Pittsburgh Office MarketAverage Asking Rent (Price/SF)$24.18Vacancy Rate (%)19.3%Net Absorption (SF)-78,925Battered by a pandemic, 2020 was a volatile year. The Pittsburgh office market mirrored national trends: diminished . . .
Posted on 1/8/21
Newmark Q4 Suburban Maryland Office Market Report
Suburban Maryland Office MarketAverage Asking Rent (Price/SF)$28.97Vacancy Rate (%)14.7%Net Absorption (SF)-153,912Suburban Maryland’s office demand continued to soften during the fourth quarter of 2020 with -153,912 square . . .
Posted on 1/8/21
Newmark Q4 District of Columbia Office Market Report
District of Columbia Office MarketAverage Asking Rent (Price/SF)$57.49Vacancy Rate (%)15.3%Net Absorption (SF)-311,036The District of Columbia’s office market continued to weaken in the fourth quarter under the . . .
Posted on 1/8/21
Newmark Q4 Boston Office Market Report
Boston Office Market Average Asking Rent (Price/SF)$38.91Vacancy Rate (%)14.0%Net Absorption (SF)-1,102,218 Following a banner year of activity, 2020 proved to be challenging for Greater Boston’s office . . .
Posted on 1/7/21
Gaming and Leisure Properties Promotes Steven Ladany to Chief Development Officer
WYOMISSING, Pa., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced today the promotion of Steven Ladany to Senior Vice President, Chief . . .
Posted on 1/7/21
Spine Pain Center Announces Grand Opening of New Location
SURFSIDE BEACH, S.C., Jan. 07, 2021 (GLOBE NEWSWIRE) -- For over forty years, the team at Spine Pain Center has been committed to a tradition of . . .
