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But CEO warns spending is starting to slow.

The report of 114,000 new jobs and 4.3% unemployment rate in July falls well under the expected 185,000 and 4.1%.

The duo is planning to modernize the building.

The building was transformed from an office space.

Plus, there's a preferred equity investment worth $43 million.

It's a roller coaster of data to follow, with 0.2% month-over-month growth and a 0.8% drop year over year.

CRE participants signal increased retail development, while office development is flat and industrial takes a pause.

Demand for office space has grown for over 12 months, ending the three months through June up 17% year-over-year.