Leasing

The firm, currently headquartered at 2905 Northwest Blvd in Plymouth, MN, states that it will begin renovating the Crest Ridge building in early 2020. Its preliminary plan calls for Dominium to occupy approximately half of the 120,000 square foot building.

The properties sold include retail stores, a distribution facility and office space. Bed Bath & Beyond will continue to occupy these properties pursuant to long-term leases.

The brokerage firm reports that the fundamentals of the Northern New Jersey are poised to continue to improve steadily entering 2020.

The sporting goods retailer will house its logistics and distribution operations in 312,373 square feet of space at the newly built 569,147-square-foot facility, reports CBRE, which was a broker in the transaction.

Restaurants have become a pillar of the retail market, but a rise in food delivery is shaking the restaurant world.

In 2020, retailers will continue to look for ways to stand out and create experiences, and landlords will put a greater focus on tenant curation.

Kiewit Engineering Group Inc. has leased 171,266 square feet at Energy Center I at 585 N. Dairy Ashford in Houston's Energy Corridor submarket, and the move is planned for July 2020.

Soon to be redeveloped as class-A boutique office, 464 Bailey Ave., the largest office project in the area since the 130,000-square-foot Regions Bank Building was constructed in 2016, is already 50% preleased.