NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings' Internet connectivity, cites committee members' “broad base of industry knowledge.”

SAN FRANCISCO—The develop-to-own joint venture is expected to have a value of about US$1.26 billion.

PLANO, TX—The closures, planned to occur over the next few months, come on the heels of the company's first year of profitability since 2010.

WASHINGTON, DC—“Steady hiring and low local unemployment levels are finally supporting higher wages and increased spending,” with positive implications for commercial property demand, says Lawrence Yun at the National Association of Realtors.

WASHINGTON, DC—The nationwide program will bring real-time arrival information for a variety of transportation modalities to the lobbies of properties managed by JLL.

LOS ANGELES—Even without the boost of e-commerce, industrial is being propelled by tailwinds into the current year, Colliers' James Breeze writes in the firm's latest report on the sector.

SCOTTSDALE, AZ—"The market will adjust" to the CMBS risk retention rule, but B-grade transactions will get greater scrutiny, CommLoan's Mitch Ginsberg tells GlobeSt.com.

IRVINE, CA—Following an extended period of strong growth, “pricing across commercial real estate has entered a period of lethargy during the past three months,” says Peter Muoio at Ten-X.