Former professional soccer player Justin Myers now a partner at Lee & Associates NYC explains how fitness is growing in importance in real estate including with the office sector.
Atlanta saw 8.2 megawatts of net absorption in 2018. The city currently has a data center inventory of 126.8 megawatts, with 14 megawatts available that calculates out to an 11% vacancy rate.
“594 DC is a great value-add/redevelopment lease-up play that fits within Endurance's long-term sweet spot of re-positioning well-located, functional excess corporate real estate assets,” says Jared Newman, vice president of acquisitions at Endurance.
The acquisition expands POAH's footprint in Chicago into three new communities plus the suburb of Harvey and brings to nearly 1,500 the number of apartments the nonprofit has developed or purchased here since 2008.
Tech companies were the largest lessors of US office space in 2018, accounting for more than a quarter of the 311.9 million square feet of new leases, and dominating Silicon Valley at 78.1% of leased space.
A lower cost of living, higher quality of life, diverse economic make up and the state's pro-business stance have allowed Austin to remain the benefactor of significant job gains year over year, says JLL.