National

With little land available for new development and growing demand to be close to population centers, industrial development is soon going to head up.

Single-user investment sales in 2017 totaled $13.2 billion on 1,158 properties with a total of 171.4 million square feet, a 45.4% increase from the previous year, according to Avison Young.

Medical Properties Trust owns the 71 post-acute hospitals and has formed a JV with Primonial Group for it to acquire half.

The digital age has forced many companies to reconsider where they locate their office spaces.

Its latest price is an implied $37.80 per LaSalle common share. LaSalle agreed to be acquired by Blackstone for $33.50 per share.

The company had reportedly been conducting an auction for its sale after announcing a strategic review last fall.

South FL has been the standout market for investors, and most major markets, including Chicago and NYC, have seen boosts in performance.

Although property owners may be inclined to jump at the opportunity to boost their revenues, owners should fully understand all of the deal terms and the potential risks of entering into these kinds of arrangements, he stressed.