The owner of a nine-property, 840,000-square-foot portfolio in New Jersey and Pennsylvania has tapped Levin Management Corp. to manage the mix of mostly retail assets.
Geopolitics and demographics impact commercial real estate in our region
Our state is making headlines these days in a number of good ways. One contributing factor is certainly geopolitics, the study of how place matters. While this term is more often used to describe countries and explain the origin and source of their wealth, culture and military strategy, we can also see how this applies at the state level.
Retail leaders see a clearer path to recovery, despite continued uncertainty
Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space.
