Leasing

A report released by commercial brokerage CBRE predicts a strong restaurant sector with spending increasing above non-food retail industries. The analysis also indicates that South Florida will remain a prime market for international restaurant expansions into the US.

Whether you are concerned about a recession or want to navigate your investments with ease, there are steps you can take to proactively manage your portfolio.

As of the second quarter, Orange County average apartment rents are $2,024 per unit, the highest rate in Southern California.

The medical office vacancy rate falls to 6% in the second quarter, the lowest point since the prior peak in 2006.

The new three-year lease transaction at the 340,000-square-foot property fills Boston-based Plymouth Industrial's largest vacancy in its portfolio and raises the property's leased rate to 76%.

Achieve 24 Fitness currently operates in 13,000 square feet of space at the building as a fitness center and Digirad Corporation operates another 5,000 square feet.

The commencement of vertical construction at Alta Headwaters now makes three projects the firm currently has under construction in Orlando, with three more slated to start before the end of the year.

The 178,200-square-foot Class A property was sold by Westbrook Partners of New York City. Hines is headquartered in Houston, while Oaktree Capital maintains its headquarters in Los Angeles. Westbrook acquired the property in late 2017 for $72 million.