Leasing

With full occupancy and an 11-year projected net operating income growth of 40 percent, Uptown Square offers both stability of income and yield, says Avison Young's John Crotty

“With unemployment below 4 percent, companies are focusing on making smart decisions about their space – decisions that keep their employees happy and engaged,” says Revathi Greenwood, Americas head of research at Cushman & Wakefield.

Proximity to UCSD and Scripps Institute and the presence of Qualcomm has made the submarket into a thriving tech and medical office hub.

The massive development occurring in the South Loop and West Loop has not dampened demand for River North units.

But it's very difficult to get conventional financing to acquire and improve multifamily properties in need of significant rehab.

In this <b>EXCLUSIVE</b>, CBRE's Kramp observes that more than 71 million square feet of industrial was delivered to market in DFW since 2015 and another 71 million square feet was delivered in two years.

A multimillion-dollar capital improvement program getting underway includes significant street level renovations and improvements to the building's interior concourse walkway.

Demand has been strong enough to fill up many specs finished in 2017.