Occupiers are continuing to demand high-quality office space as evidenced by a total of 2.1 million square feet of class-A leasing activity in first quarter, accounting for 69.6% of all leasing for the quarter.
The first quarter of 2019 picked up where 2018 left off, with significant positive absorption, asking rents staying in line with expectations, and construction continuing at a record pace, according to a JLL report.
Reinhart, the long-time general counsel for K. Hovnanian, will lead Brunelli's efforts to assist homebuilders and other developers, as well as buyers and tenants on mixed-use projects.
Alongside top national brands in retail, dining and entertainment, Fashion District welcomes small businesses as part of a partnership with The Enterprise Center to incubate local entrepreneurs.
Industrial occupancy gains hit pause in first quarter, driving weaker fundamentals across the board, however, the pipeline continues to grow amid the region's projected population and industrial growth.