Average-to low-performing retail centers are seeing value declines, but there's “no evidence” of such declines for high-performing malls and shopping centers, says Melissa Reagen with TH Real Estate.
Commercial Cafe looked at both class-A and class-B solutions with a baseline of $5,000 a month, and the corresponding amount of space that rental fee encapsulates, to uncover which cities provide the best bang for the buck.
Matthew Pestronk of Post Brothers says North Jersey is a new target for the firm, which is looking for opportunities from the Palisades "all the way to the Statue of Liberty."
Las Colinas led the Dallas-Fort Worth market in office leasing activity during the third quarter of 2017, with 505,905 square feet in new deals and renewals—topping Legacy/Frisco and Uptown.
Demand from Playa Vista is spilling into the neighboring Marina del Rey office market, which has become a low-cost alternative to rising rental costs on the Westside.