In this EXCLUSIVE, Robert Hartley of Colliers says federal procurement and contracting is huge, and the flow of these dollars drives the economy, most recently in a positive direction.

Tenants leased 1.4 million square feet in the second quarter and have leased 7.3 million square feet in the four most recent quarters, well above the annual average.

West Campus neighborhoods achieved 5.55% average rental growth since 2010 and University of Texas at Austin student enrollment is estimated to grow by 5.4% by 2020.

Unemployment in the Sacramento region has fallen to below 4%, led in part by private sector growth in healthcare and technology, as year-over-year rental growth is expected in the high-single digits in 2018.

BBG views Austin as a strategic market that will contribute to its future growth and its acquisition of HCP Advisors will create one of the city's largest valuation teams.

The 200,000-square-foot mixed-use building at 200 E. 18th St. is soon to be underway on behalf of the Employees Retirement System of Texas, and it is to include both office and retail space.

Salesforce Transit Center was closed yesterday after a fissure in one of the steel beams was discovered in the ceiling of the third level bus deck near Fremont Street, and inspections are underway.

Retaining talent is the number one market driver for companies to take new construction space, causing rates and demand to rise in the Seattle and Bellevue metro office markets.