Institutional Investors Are Still Net Buyers

During the pandemic, institutional investors have acquired $9.6 billion more in assets than they have sold.

       

source https://feeds.feedblitz.com/~/637232244/0/globest/new-york~Institutional-Investors-Are-Still-Net-Buyers/

Marx Realty Leases Yonkers’ Rebranded Shopping Center

The former Cross County Shopping Center will host the city’s first Target store and H&M’s second newly branded concept store.

       

source https://feeds.feedblitz.com/~/636747258/0/globest/new-york~Marx-Realty-Leases-Yonkers%e2%80%99-Rebranded-Shopping-Center/

Expect a Big Apple Comeback

While rents have fallen sharply, one observer still likes the long-term future of the city.

       

source https://feeds.feedblitz.com/~/636716276/0/globest/new-york~Expect-a-Big-Apple-Comeback/

NJ Industrial Leasing Achieves Record-Breaking Q3

CBRE’s Q3 industrial report breaks down the state’s strong leasing activity and pricing.

       

source https://feeds.feedblitz.com/~/636616686/0/globest/new-york~NJ-Industrial-Leasing-Achieves-RecordBreaking-Q/

Leasing Activity Highlights NYC Office Tenants Reluctant to Make Long-Term Decisions

All three Downtown submarkets underperformed their five-year quarterly average during Q3 2020, according to CBRE.

       

source https://feeds.feedblitz.com/~/636603958/0/globest/new-york~Leasing-Activity-Highlights-NYC-Office-Tenants-Reluctant-to-Make-LongTerm-Decisions/

NKF to Lease NJ Trophy Office Asset

1 Giralda Farms’ landlord, Onyx Equities has selected the firm as the exclusive leasing agent for 115,000 SF of space within the class A office property.

       

source https://feeds.feedblitz.com/~/636562828/0/globest/new-york~NKF-to-Lease-NJ-Trophy-Office-Asset/

NYC Investment Activity Drops to 10-Year Low

Investment sales totaled $1.1 billion in Manhattan in a total of 21 transactions, the lowest in a decade.

       

source https://feeds.feedblitz.com/~/636555040/0/globest/new-york~NYC-Investment-Activity-Drops-to-Year-Low/

Manhattan Office Shows Signs of Both Strength and Weakness

In the topsy-turvy world of the current pandemic, leasing activity surged in the third quarter but negative absorption reached record highs and asking rents fell.

       

source https://feeds.feedblitz.com/~/636514726/0/globest/new-york~Manhattan-Office-Shows-Signs-of-Both-Strength-and-Weakness/