Leasing

Third-party logistics operators and facility owners are benefiting from a rapidly rising rate of product returns as many retailers outsource their reverse-logistics operations to cut costs and gain maximum efficiencies, CBRE reports.

And most observers believe that the market is no longer seller orientated in regard to pricing, and has instead moved to neutral.

“We have seen some select firms overestimate the efficiencies they could get from rightsizing but that is not going to make up for the consolidation we will see from future mergers.”

The recent wildfires throughout Northern and Southern California have had devastating consequences on both business and residents, so renters and landlords need to review their insurance policies, Sunrise's Joe Greenblatt tells GlobeSt.com.

In return for the incentives, CleanTex will expand its Irvington plant and modernize its Trenton facility, adding jobs and keeping others that would have moved out of state.

The investment market may have cooled somewhat, but national investors still see opportunities.

A roundup of recent deals, leases, executive moves, and other news from the past week.

In this <b>EXCLUSIVE</b> commentary, Jeffrey Peck, vice chairman at Savills Studley, compares relocations with renovations for providing office space to attract millennials.