Leasing

As the line between work and play continues to blur, it's becoming even more important to provide opportunities to connect with other tenants and the surrounding neighborhood, says Zeller Realty's Mark Vollbrecht.

Major REITs recently slowed down their acquisitions in the sector, largely due to concerns about interest rates.

Victory is undergoing a full remerchandising, adding 85,000 square feet of new retail space, and making key enhancements to evolve into a more walkable urban neighborhood, along with a re-tenanting effort.

The facility, being built on a 46-acre site, will replace two existing warehouses in Hebron, KY, which DWR has outgrown.

The new Minneapolis-area Public Storage locations are located across the Twin Cities' metro area, from Downtown Minneapolis to the nearby suburbs of Lakeville, Edina, New Hope, Bloomington, and to the City of Hutchinson.

Three trends are driving the Chicago office market: continued relocations to the CBD from the suburbs, the rapid growth of co-working and the emergence of former fringe locations.

The Central Orange County office market has had anemic start to the year, losing two large tenants to the Airport Area, but vacancy and rental rates remain strong.

The value of a multi-tenant office asset, $58.75 million, created significant bidding depth and a lease for the remaining vacancy was negotiated with WeWork during the marketing process, bringing the tenancy to 100%.