Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corporation, Deloitte and the National Association of Realtors. According to the report, Expectations … [Read more...] about Commercial real estate experts: moderate expansion, easing prices expected in 2016
commercial real estate
Commercial market continues recovery
While the commercial market still faces its share of challenges, Realtors specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the Realtors Legislative Meetings and Trade Expo. National Association of Realtors Chief Economist Lawrence Yun led a panel … [Read more...] about Commercial market continues recovery
Thirty West Main brings new office concept to downtown business district
Manhattan developer Georgia Malone celebrated the grand opening of her innovative office space at 30 West Main Street yesterday with a ribbon-cutting ceremony and tours of the newly renovated and well-appointed office building. Malone snipped the red satin ribbon to the applause of those gathered around her, including Riverhead Supervisor Sean Walter, council members John … [Read more...] about Thirty West Main brings new office concept to downtown business district
Riverhead Building Supply moving out of Mill Road site
Riverhead Building Supply's Mill Road distribution center will be vacant by the end of next month. The company is in the process of moving operations to a new distribution center at the Calverton Enterprise Park, where its corporate headquarters and millwork-manufacturing facilities are already located. But the five-acre Mill Road site, which has three large buildings … [Read more...] about Riverhead Building Supply moving out of Mill Road site