Three tenants have combined to lease 45,000 square feet at an industrial building in Elmwood Park, The Stro Cos. announced, bringing the recently acquired property to full occupancy.
Transit hub markets speed away from competition
Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.