NYC Government Workers Reportedly to Return to the Office By Year End

New York City workers’ return to the office could deliver a significant boost to the metro’s office buildings.

       

source https://feeds.feedblitz.com/~/637297002/0/globest/new-york~NYC-Government-Workers-Reportedly-to-Return-to-the-Office-By-Year-End/

Arch Street Capital Sells Industrial Net Lease Portfolio

The firm sold the single-tenant assets totaling 425,000 square feet; currently leased to tenants including Walmart and Tesla.

       

source https://feeds.feedblitz.com/~/637266392/0/globest/new-york~Arch-Street-Capital-Sells-Industrial-Net-Lease-Portfolio/

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/