Leasing

Given Seattle’s strong hospitality market and residential development community along with WhyHotel’s relationship with Avalon Bay, it made sense to open its next location in Seattle.

Dermody Properties signs a 244,000-square-foot lease for the LogistiCenter at I-80 in Reno.

American Specialty Health leased approximately 164,000 square feet of class-A office space in Heritage Commons IV, which provides the unique ability to be fully operational from day one when it moves in next month.

Healthy lifestyle brand, Life Time will occupy the space, opening its first Brooklyn location at the mixed-use, residential and retail development.

PREIT says it has recognized the growing demand in this segment and has strengthened its portfolio to include a variety of health-oriented concepts, most recently incorporating Onelife Fitness at the Valley Mall, Peloton at the Cherry Hill Mall and Edge Fitness opening this fall at the Plymouth Meeting Mall.

The rationales for owning retail properties have been capsized in the rising tide of red ink and markets need less of it and rents need to recalibrate down. So how will it all shake out?

While the big box sector is struggling, service- and entertainment-driven retail is experiencing roaring success.

To tap top talent, corporations are installing branded and immersive experiences in the office space that create an experience in the workplace.