Real Estate Connect Speaker Profile: Eric Bryn
RetailMLS.com plans to expand beyond NY, NJ and Connecticut
Realtor Notebook
Distressed properties make up more than 70 percent of transactions
Move adds 114,865 square feet to holdings
Asset fully occupied at time of sale
Project will feature high-density residential, retail
Communities built within last 5 years
NAR: Declines in office jobs, industrial production takes toll
Retail, multifamily sectors fare better than office, industrial
MBA: Office sector represented nearly one-third of activity, while retail declined
Deal marks second retail purchase in Omaha
Site features mix of retail, office, storage space
Retailer fully occupied site at closing
Buyer pays all-cash in 1031 exchange