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October 4, 2021

Grocery Delivery Startups Are Signing NYC Retail Leases At Breakneck Speed

[In-Person] High-risk, high-reward investments: Where to find value in challenged sectors Oct. 5

A new group of startups is spreading across New York City's empty storefronts like wildfire, signing long-term leases and turning them into mini-warehouses.

Grocery Delivery Startups Are Signing NYC Retail Leases At Breakneck Speed

Three companies — GorillasJokr and 1520 — each opened their first New York City location this year, and between them, they have leased dozens of storefronts, catching the attention of retail experts with the speed at which they have expanded.While local grocery chains such…

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NYC Office Leasing Jumps But Availability Still At Record Levels

NYC Office Leasing Jumps But Availability Still At Record Levels

Manhattan's had its best quarter since the coronavirus pandemic began over the summer, but the activity spike failed to make a dent in the borough's elevated vacancy.Manhattan office availability is now sitting at 18.4%, according to a Savills report released Monday, well above the market’s five-year average at 10.8% before…

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The Digital Revolution Is Creating New Real Estate Sectors. Here's How To Profit

A new Netflix film studio in London, a hunt for hundreds of locations to park takeaway food delivery scooters and e-bikes, and JLL launching a global short-term apartment rental business. These disparate transactions, all in the last month, might seem unrelated, but they are tied together by a broader trend upending commercial real estate. 

All of these transactions or strategies stem from the worldwide digital revolution, which is creating entirely new real estate assets classes and opening up vast possibilities in traditional sectors. The fact that an ever-growing part of our lives happens in the online world is, ironically, reshaping the physical world. 

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Help Wanted: Life Sciences Real Estate Expertise Is In Short Supply

 

The rapidly expanding life sciences sector is currently battling many shortages, including an overall lack of talent and lab space, two key factors holding back even more robust growth.

But one key set of actors within the industry ecosystem — experienced life sciences real estate brokers or property managers — is increasingly becoming a harder-to-find hire, creating another shortage that’s holding back more growth. 

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