Leasing

This metro area has one of the lowest industrial vacancy rates in the nation, but developers and lenders currently seem reluctant to launch new projects.

“During the first half of the year, ongoing demand for strategic distribution locations helped drive rental rates to historically high levels,” says Colliers International's David A. Simon.

An appellate court ruled one incident of illegal activity, in this case dealing in ivory, was enough to end an art and antique store's lease. But the dealer's attorney is going to a higher court.

The 30,000-square foot center includes three buildings shadow-anchored by a 69,000-square foot Kroger with a fuel station.

The private equity fund administrator will relocate its headquarters to 48,000 square feet across two floors in the Midtown East tower.

With a healthy supply of office space in the L.A. market, tenant brokers say that landlord reps should abandon the no-quote strategy on marketing materials.

The Brooklyn facility, a former warehouse, will be the largest climbing gym in New York City when it opens in the summer of 2019.

The airline's latest deal involves an expansion of 26,287 square feet, which ramps up its leased space at the Miramar Park of Commerce to 97,106 square feet.