Eds and Meds Spur Growth in Pittsburgh
Despite a slowly shrinking population, the city’s multifamily market remains steady, bolstered by increased hiring in recession-resistant sectors. Through May, rents rose 0.3 percent, trailing the nation’s 1.5 percent rate, Yardi Matrix data shows.
Calare Properties Buys Warehouse, Secures Medical Marijuana Lease
The new owner acquired the industrial property in Littleton, Mass., and inked a 10-year lease with Premier Health Group LLC, an affiliate of a non-profit that provides organic medicinal marijuana to qualified patients.
New Product, Densification Main Issues for Manhattan CRE Market
Cushman & Wakefield's top Tri-State executives and brokers discussed the evolving retail sector and how it's intersecting with industrial, the positive and uncertain aspects of New York City's real estate market, and more at the firm's recent mid-year outlook presentation.