Leasing

With high barriers to entry due to Stanford University's land holdings and the lack of readily available land for office development, the Sand Hill Road submarket has become an enclave for tenants.

Co-working stimulates businesses and services in local areas by generating more than $28 million in gross value added annually in the United States, the largest of any country analyzed in the Regus study.

The American College of Radiology is scheduled to relocate operations this month from its offices at 1818 Market St. to the 28th floor of the 57-story Center City property.

The firm, which provides care and support to older adults and people with disabilities in their homes and community-based settings, has signed a long-term lease for 76,313 square feet of space at the landmark Sullivan Center at 1 S. State St.

With the exception of retail, the UCLA/Allen Matkins survey for each market predicts 2022 will be as good as or better than 2019, with panelists optimistic about industrial and multifamily projects, and neutral about office product.

Renters moving to major metros have to cope with significantly higher apartment rents and cost of living.

The single-tenant net-lease asset investor was an all-cash Southern California-based 1031-exchange buyer that owns several At Home locations as well as other commercial real estate in the Spokane trade area.

With a strong economy and progress in diffusing the trade war, the retail market is teed-up for a great year.