News: Brokerage

NAI Mertz brokers five leases totaling 148,998 s/f

NAI Mertz, Realtor, has completed five leases totaling 148,998 s/f. Scott Mertz, SIOR, principal of NAI Mertz, assisted in negotiations for the 54,900 s/f lease of office/ manufacturing space to InTest Corp. in the Exeter Building, 804 East Gate Dr. The second lease was 34,178 s/f located at 708 Fellowship Rd. to APM Auto Components USA, Inc. The lease was negotiated with Alan Good and Mertz who represented the owner. Mertz also represented KBS Trucking, Inc. in a new 30,620 s/f lease at 500 Pedricktown Rd. in the Pureland Industrial Complex. S. Frankford and Sons, Inc., leased a 16,300 s/f unit at 824 East Gate Dr. Mertz represented the tenant. Cycle World leased 13,000 s/f from ProLogis at 110 Gaither Dr. This is a long term lease, where Mertz represented the tenant.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent