FAIRFIELD, NJ-The solid economy has sent prices sky-high, and if the year ahead turns out to be one of leveling growth or even a downturn, some of the players could move on, according to one report.
HOUSTON-A First Industrial property has eased the immediacy for an ecological paper container company that needed space and move-in capability ASAP. The contract's signed and the 10,869 sf is now ready for Ecotainer.
SEATTLE, WA-The central business district was hardest hit, with 47% of the total within its borders. Then again, says Colliers, there are currently tenants looking for 1.3 million sf in Seattle within the next six to 12 months.
NEW YORK CITY-After undergoing an extensive renovation, 48 Wall St. will be ready for occupancy in the coming month, and after signing a 10,000-sf lease, the building will hit the 50% occupancy-mark.
SAN DIEGO-A NYC-based costume manufacturer signs $15-million deal for 206,415-sf space in Poway. Hamazawa Investment Co. purchases an office building for $8.3 million.
PHOENIX-New 350,000-sf retail center in northeast is filling up. Brokers recently signed up six more tenants, even though the facility won't be completed until fall.
ORLANDO-Michael Heidrich, director of industrial and land sales/leasing at locally based Realvest Partners Inc., tells GlobeSt.com potential tenants continue to go after bulk distribution and office/ware/house/flex space in Orlando's 90 million-sf industrial market.
FARMINGTON HILLS, MI-Demand for good office space in Detroit and the Metropolitan Area will soften in next five years, but it will still exist, said the company.
AUSTIN-The Calendar Club already has flipped the page to April when it will be moving into an extra 54,000 sf at the Expo Business Park. The deal's signed and the plans are in the works for the nationwide chain, which now occupies 124,000 sf.