Features

Developers in the Detroit region seem more confident, and recently launched five new projects.

Valent USA's 96,535-square-foot lease represents a consolidation of its Dublin and Walnut Creek operations into a location between the existing operations while meeting its high-end R&D needs.

The M, the first new high-rise to be developed in the 2-square mile University District in more than 30 years, will add 460 purpose-built beds, which will increase the total off-campus supply by 10.5%.

New retailers are set to open locations at Southlake Town Square including Lush Cosmetics, Johnny Was and TravisMathew, which are expected to open in early 2019.

The Southport, CT-based development firm says the extremely discounted price will allow Summit Development to renovate and reposition the 1.2 million-square-foot complex.

Central Park Plaza was attractive to prospective buyers due to its connectivity to the entire Bay Area by way of multiple major thoroughfares and convenient access to the VTA light rail on North First Street.

Everett's Waterfront Place Central mixed-use development will include trails and parks, public gathering spaces, up to 660 housing units, a hotel, fine and casual dining restaurants, and retail entities.

Some firms that specialize in the sector have responded by going back to new, class A properties.