NNN market activity is demonstrably picking up. This is fueled, in part, with a new round of dispositions demanding replacement solutions; in part, by investors adjusting to the compressed cap rates as a market reality until interests rates move north. (Maybe later this year or Q1 2012). We are guiding buyers based on the market intelligence of our 63,000+ NNN property inventory (some off market) which is updated daily (hourly).
Willard Jones To Focus on C Leasing in the CBD
CHICAGO-Jonathan Zimmerman, a former leasing director at locally based Prudential Rubloff, has formed his own firm calledWillard Jones Real Estate LLC. He has brought his leasing stable to his new company, about 1.2 million square feet of class C office space in the Central Business District.
EVEN in a sluggish market, property developers are continuing to bet on Long Island City’s transformation from towering smokestacks to residential towers.
Mall owner Pennsylvania Real Estate
Investment Trust is ready to embark on a $15 million redevelopment of the aging Moorestown Mall in tiny Moorestown, N.J., after finally gaining a key component that it coveted for years: booze.