Leasing

The submarket has lost millions of square feet in office space in the last 25 years, but its remaining tenants are loyal, and rent increases are outpacing the CBD.

The latest deals. personnel moves and trends in the Midwest.

But this transformation is still in its early stages, according to CBRE, and distributors have a lot of work to do.

The region has now seen 25 consecutive quarters of positive absorption.

Demand from various industries has pushed gross activity and rents up and vacancy down, and there has been an uptick in rollover from adjacent regions such as Orange County, where the market is even tighter, CBRE's Tom McAllister tells GlobeSt.com.

Nearly half of the industrial space under construction has been pre-leased, the most since 2000, and this level of demand is seen in a broad cross-section of markets, not just ones on the coasts.

Chicago had one of the biggest jumps among global markets, and the Americas outpaced Asia and EMEA.

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.