Valent USA's 96,535-square-foot lease represents a consolidation of its Dublin and Walnut Creek operations into a location between the existing operations while meeting its high-end R&D needs.
New retailers are set to open locations at Southlake Town Square including Lush Cosmetics, Johnny Was and TravisMathew, which are expected to open in early 2019.
The average asking rent across Manhattan's 16 main retail corridors dropped 8.4% year-over-year, falling from $875-per-square-foot to $802 per-square-foot.