Leasing

Neighborhood centers anchors are traditional daily-needs retailers such as grocery, drug and dollar stores, as well as service tenants that are more Internet-resistant, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

On Monday, the business news and information company began its next chapter at offices across from Grand Central Terminal.

Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.

Splunk Inc. signed a long-term lease for 301,000 square feet of office area in Federal Realty Investment Trust's 700 Santana Row, a 319,000-square-foot class-A mixed-use office and retail building in San Jose.

The Indianapolis region now has an unemployment rate of just 3.2%, and many other metros are just as tight.

“Georgia is one of the premier data center development markets in the US,” says CBRE's Tim Huffman, because of low power costs and state tax incentives for data centers.

Fête New York to Open at Adams &amp; Company's 231 W. 39th St.

CBRE reports that the O'Hare industrial market remains one of the region's tightest sectors, with a very low vacancy of 2.1%, well below the market average of 3.6%.