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Upswing in retail real estate market good for North Jersey

2014-12-08 01:05:10| Real Estate - Topix.net

Manhattan is the hottest market in the world for retail real estate and that is good news for North Jersey as well, according to experts gathering in New York this week for three days of meetings, making contacts, and signing store leases. Rents on Fifth Avenue in midtown Manhattan are the highest of any major city, at $3,500 a square foot, and the attractiveness of the New York market has a spillover effect for North Jersey and the rest of the metropolitan region, said Gene Spiegelman, vice chairman of retail services for the international retail group at the brokerage firm Cushman & Wakefield.

Tags: good real north estate

Sherwin-Williams Rides Crest Of Construction Market Upswing

2014-10-11 10:11:01| Chemicals - Topix.net

In the report, RBC Capital Markets analyst Arun Viswanathanan notes that more than 70% of Sherwin-Williams' sales are tied to U.S. construction. "We expect its industry-leading growth, margins and cash flow generation to continue to expand as construction markets improve due to high correlation between architectural coatings volumes and existing home sales," noted Viswanathanan, who rates Sherwin-Williams an outperform.

Tags: market construction rides crest