In just the last two months there were 11 industrial investment sales in the O'Hare market totaling 909,195 square feet, with a transaction volume of $57 million.
San Francisco office space continues to dwindle, and the area may face a shortage of available office space between now and 2022 when the next major office project will be completed.
The Durst Organization and WeWork confirm with GlobeSt.com that their negotiations will not result in the coworking space provider's leasing at One World Trade Center.
REBNY says rising interest rates, tariffs, and concerns about the implications of tax reform—along with uncertainty surrounding an unstable political environment in the United States, were key factors in the decline in overall broker confidence.