Leasing

Mill Valley, CA-based Glassdoor says it intends to maintain its offices at 1330 West Fulton once it takes over its new space at the 300,000-square-foot, 14-story 1375 West Fulton in the summer of 2020.

Augmented reality technology is growing quickly, and property owners should be prepared for the changes.

Of the total second quarter leasing activity, more than 4.5 million square feet—or two-third of all deals— took place in Central New Jersey.

Boutique fitness chain Blast Fitness has signed a 2,800-square-foot lease deal for its first New Jersey location at The Plaza at Short Hills, located at Morris Turnpike and Broad Street.

“Atlanta remains an economic powerhouse as companies flock to the area for its low cost of doing business and proximity to an exceptional talent pool of highly skilled workers created by local universities and a strong workforce,” Madison Marquette states in its report.

Colliers states in its report that Class A vacancy in the suburbs also remained flat at 22.0%. However, when considering high quality, trophy assets in the suburban office market, vacancy was considerably lower at 16.5%, dropping 150 basis points from the same time period two years earlier.

Approximately 18 months ago, 901 Fifth Office Tower underwent a transformative multi-million renovation, which was significant in bolstering its competitive position in the local market and attracting a buyer.

Steady demand with limited supply and large-scale leasing are anticipated in the two highly desired office districts, according to JLL's office market full report to be released next week.