A real estate investment trust has acquired a grocery-anchored, 42,000-square-foot retail property in Paramus, in an $8.4 million transaction arranged by CBRE.
How ‘agile real estate’ can help leasing, property values
Major tenants and occupiers are now taking a closer look at agile real estate offering nimble, dynamic layouts in which employees can float from one type of a work area to another or move seamlessly between office locations. That means developers and landlords should be following suit if they plan on staying competitive in a quickly changing office sector.