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While the public is sometimes led to believe that malls will soon become obsolete, the repurposing of malls has and continues to show it is a viable option for owners, commercial real estate firm Transwestern said in a recent report.
In a recently published second-quarter retail report for northern and central New Jersey, commercial real estate firm Colliers International said the regions saw a combined 543,128 square feet of negative net absorption.
Commercial real estate firm Holliday Fenoglio Fowler recently announced it has brokered the sale of a 15-story, 219-unit apartment complex in Newark on behalf of Azure Partners.