Economy

Dr. Jerry Parrish, Florida Chamber Foundation chief economist, who forecasted earlier this year that Florida would reach the new $1-trillion economy threshold sometime in 2018, says the milestone was achieved last week. He notes that Florida is adding $2.74 billion each day to the state's GDP.

There is a huge pool of cash in the US now and it is growing rapidly.

Tech accounted for approximately 23% of all leasing activity in the second quarter and financial services represented roughly 17%.

Martha Welborne is working with HR&A Advisors to work on Los Angeles' most transformative projects.

The general sentiment at PCBC was cautiously optimistic given the length of this cycle, but concerns are offset by strong demand for housing, rising wages and low employment, suggesting there is room to go.

There were approximately 303,656 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), a gain of about 10% over the previous quarter, says WCRE's Jason Wolf.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Trade wars, tariffs and rising interest rates make the picture more complicated, but the eight-year expansion continues.