Leasing

The renovation will open the top six floors to the public for the first time since the building opened in 1893. Marshall Field and Co. had historically used these floors for making furniture, clothes and its executive offices.

While leasing activity was strong in the first half of the year, new supply coming to the market kept the vacancy rate flat.

Marx Realty has signed more than 160,000SF in new leases, upon the building’s $48M repositioning.

Lincoln Rackhouse and Principal Real Estate Investors have sold a 191,000-square-foot data center, 100% leased to a global data center services provider.

Integrating smart technology and services into apartment communities will help ensure better tenant retention.

Arroyo Energy Investors is moving from The Woodlands to 9,426 square feet on the fourth floor of CityPlace 1, which includes 122,500 square feet of office space and 27,000 square feet of retail.

Pottery Barn reps said the location in the center of the DFW was among factors that made Arlington an ideal spot for its new outlet, in addition to its distribution center and existing Pottery Barn locations there.

SJP Properties has secured the firm to lease 47,892 square feet of retail space at 11 Times Square.