Southeast

LaSalle shareholders are scheduled to vote on the Blackstone merger proposal on Sept. 6.

This announcement follows by days what was the biggest deal under Freddie Mac's pilot.

The properties, which are approximately 40 miles north of Nashville, are: Heritage Point, Blue Grass Meadows, Parkway Place, Cobblestone, Newton Place, Whitehall Townhomes and Whispering Hills.

So far this year, Audubon Communities has acquired 1,238 units across seven properties in three separate transactions.

Co-founder Jonathan Roth has had a longstanding working relationship with CalSTRS.

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year.

The rent discount for Class A space in Crystal City vs. Class B space in Washington, DC will continue the trend of cost-conscious tenants exploring this market, according to JLL.

The tech industry has added 682,000 employees in the past five years -- and most significantly for the CRE industry, it has been a top driver of office leasing activity during that time.