Leasing

The industrial market in Southern California is so strong that minor swings in supply with have little impact.

Property managers are developing strategies to drive value, but are owners and developers listening?

West Monroe Partners' employees will move into the new space in the fall of 2020 from its current headquarters is at 222 W. Adams St., in The Franklin, where it has been since 2012 and currently leases 104,000 square feet.

The commercial brokerage firm states that year-to-date leasing volume in Northern and Central New Jersey totas 6.2 million square feet—8.1% ahead of last year's totals during the same period.

Vacancy is expected to stay low, and supply and demand will remain unbalanced until at least 2022 or 2023, pushing asking rates, which increased 8.9% year-over-year to $82.23 per square foot.

Auto repair and collision centers have become an attractive niche for real estate investors seeking safe alternatives, i.e. Internet-proof investments that offer the potential for steady cash flow.

Tenant retention is one of the most crucial ways to drive value in an apartment community.

The environmental and geotechnical engineering and consulting firm is expected to take occupancy at the 207,252-square-foot Class A office building by March 2020.