Properties on Armitage Avenue in Lincoln Park for sale

The owner is a California-based Blatteis & Schnur company, which purchased the two buildings for $ 11.68 million in 2006, according to Cook County real estate records. A call to the company’s Chicago office was not returned, and Amy Sands and Clinton Mitchell, the brokers in the deal, did not respond to a request for […]

Shopping and warehouse in progress

WOODLAND PARK – The headquarters ofKearfott Guidance and Navigation, an aerospace company and a pillar of more than 50 years in the borough, has been razed to the ground, reduced to concrete piles. In February, Kearfott announced that she had completed her move to the Pine Brook section of Montville. The demolition began shortly after. […]

9th Circ. Ready to Weigh COVID-19 Cover Battles

Law360 (Aug 6, 2021, 6:39 p.m. EDT) – The Ninth Circuit will hear arguments from policyholders and insurers in three lawsuits on Wednesday over whether business interruption coverage extends to pandemic-related losses, in what could be a glimpse of the many pending cases before federal courts of appeal and first instance. The Ninth Circuit is […]

Pico Rivera’s industrial property sells for $ 57 million

7255, boulevard Rosemead in Pico Rivera An industrial property in Pico Rivera was acquired for $ 56.5 million by Cohen Asset Management Inc., a Century City-based real estate investment firm. Cohen Asset Management specializes in the industrial and logistics sector. The property is a 100% leased logistics facility located at 7255 Rosemead Blvd. “We are […]

Nationwide industrial markets hit record high rents, low vacancy rates – Business Observer

As the pandemic drags on into its second year, e-commerce companies have helped fuel record vacancy rates and high asking rents at industrial properties across the country, according to JLLsecond quarter industry report. The brokerage found second-quarter industrial rents to be among the highest on record, hitting $ 6.62 per square foot, and rents were […]

Schools reopen with optional masks in many US classrooms | national news

MCDONOUGH, Georgia – As Tussahaw Elementary School opened this week for a new school year, tear-eyed mothers led through preschools overshadowed by backpacks and buses dropped off fifth-graders eager to run their school. The biggest clue to the lingering COVID-19 crisis was the masks worn by students and teachers – but not all. Georgia, like […]

Michael Long: Burlington property revaluation is in shambles

This commentary is from Michael Long, a retired English teacher who has lived in Burlington since 1975. Burlington’s property taxes are an unfair mess. Reassessment aims to change valuations to make them fairer as the market changes and some properties appreciate at a higher rate than others. This should rarely lead to extreme changes, but […]

Public comment due regarding possible light rail service between Newark and Paterson

The Paterson-Newark Transit Market Study offers three different options for a connection between counties. Graph via Passaic County. Time is running out for people to submit comments on a report that focuses on ways to increase transit choices between two northern Jersey counties, such as the Newark Light Rail extension. The Passaic County Planning Council […]

South Jersey Industries (SJI) Second Quarter Profits and Revenue Surpass Estimates – Aug 4, 2021

South Jersey Industries (Quick quote SJISJI – Free Report) came out with a quarterly profit of $ 0.02 per share, beating Zacks’ consensus estimate of a loss of $ 0.01 per share. This compares to a loss of $ 0.01 per share a year ago. These figures are corrected for non-recurring items. This quarterly report […]