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In response to the strength of the state economy and the firm's growth and momentum in key markets, JQ has formed four major market sector initiatives led by four veteran JQ leadership team members.
In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).
The building features one-, two- and three-bedroom units range from 791 square feet to nearly 1,400 square feet with rents ranging from $1,115 to $1,698. The project is currently 93% occupied.
The Dallas MSA continues to have strong demand for the foreseeable future, most notably with its addition of more than 100,000 jobs during the past year and almost 75,000 new residents in the same period.
The five building, 292,110-square-foot industrial/flex portfolio was sold by Endurance Real Estate Group, LLC of Blue Bell, PA and Thackeray Partners of Dallas.
American Specialty Health leased approximately 164,000 square feet of class-A office space in Heritage Commons IV, which provides the unique ability to be fully operational from day one when it moves in next month.
An affiliate of Group RMC, a New York-based real estate co-investment group, recently acquired a nine-building portfolio totaling more than 1 million square feet, marking its first entry into Tulsa.
DFW Airfield Logistics Center will feature a 145,878-square-foot rear-load building and a 210,640-square-foot front-load building, 28- to 32-foot clear heights, 84 total doors, 110 trailer spaces and 407 auto spaces.
Good Sportsman Marketing has leased the entire space in Building A of Parc SouthWest or approximately 180,497 square feet, and Building B will be fully occupied by three tenants.