Colony Capital Inc. has closed on its acquisition of a newly built, 271,176-square-foot distribution center in Mahwah, completing an 11-building portfolio sale that began last spring.
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.