Located 10 miles north of Philadelphia, Baederwood Shoppes on the Fairway is 94% leased. Its tenant roster includes anchor Whole Foods Market, as well as Planet Fitness, Panera Bread, Le Papillon Hair Salon, Massage Envy, Baederwood Pharmacy, Penn Community Bank and WSFS Bank.
Prologis, a multinational and logistics real estate investment trust, has acquired 24 Woodward Ave., an industrial warehouse in the Queens submarket
Fairstead has financed a 905-unit portfolio of subsidized housing in Manhattan and Brooklyn. The nine properties include 49 buildings, which were slated to get converted to market-rate housing before the firm swooped in.
Barbara Byrne Denham, senior economist at Moody’s Analytics, will serve as the opening keynote speaker at the upcoming 18th annual national GlobeSt. Net Lease 2020 event here in New York City.
In the last 12 years, Airbnb has changed the travel industry and real estate market forever, and its IPO is perhaps the most anticipated offering of 2020, and yet, municipal lawmakers continue to battle about local STRs.
The 1970-built Mitchell-Lama property will continue to stay affordable housing and receive improvements.
Owners of the Gargiulo’s Restaurant in Coney Island, Brooklyn have implemented a 99-year ground lease on their property at 1517 Surf Ave., a near full-block of development land just blocks away from the Coney Island beach waterfront.
Workplace management platform Eden has become the matchmaker for enterprise businesses in search of third-party vendors, and the company has no plans on stopping as scaling up and rebranding becomes its top priority.
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