Leasing

NEW YORK CITY—Corporate relocations out of Midtown to the west and southern section of the city as well as the movement by some major businesses to new construction projects Downtown or on the Far West Side could spell trouble in the years to come for Midtown property owners.

Leases should cover the nuanced details of parking allowances for retail tenants in apartment communities.

CHICAGO-The United States Census Bureau is leasing 33,351 sf at 500 W. Madison, which is currently 91% leased.

IRVINE, CA-The 144,185-sf multitenant industrial project by Goodyear Land Holdings comprises 39 units in seven buildings.

WEST HOLLYWOOD, CA-New York City-based developer Charles S. Cohen has design showrooms returning to the Pacific Design Center.

DALLAS-Overbuilding concerns surface with 17.8 million sf under way and a 5.2-million-sf spread over its closest competitor. The saving grace, for now, is the local economy.

FLOWOOD, MS-JCPenney, Dick's Sporting Goods and Bed Bath & Beyond rope off 174,016 sf in Market Street Flowood's phase one. Second-phase work starts in two weeks.

WASHINGTON, DC-The new regulation will require government agencies to use GSA's leasing infrastructure for any space above 20,000 sf.