Leasing

Orange County apartment rents have increased 3.2%, while Inland Empire rents are up 4.1%.

Locally-based developer Bijou Properties and partner Intercontinental Real Estate Corp. of Boston, who previously teamed up for the development and successful lease-up of Vine at 900 Monroe Street, recently announced the marketing campaign for 7 Seventy House, which also includes approximately 25,000 square feet of ground floor retail space.

Cboe, one of the world's largest exchange holding companies, also plans to build a new trading floor and office space at 141 W. Jackson Blvd. totaling another 40,000 square feet and have operations begin there in 2021.

The highly anticipated stadium and mixed-use project in Inglewood has signed leases with its first three tenants.

The significant leasing activity comes amid an ongoing capital campaign at the two-building 600,000-square-foot office complex at 201/301 Route 17 North in Rutherford.

Goldfarb joins the firm's Phoenix office as a SVP, focusing on building sales, and both landlord and tenant representation.

A report from Yardi shows that apartment rents are up $2 in the month of August, maintaining a yearlong growth streak of 3%.

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