Office

While affordable subsidies are often included in developments, Bay Area jurisdictions are having difficulty keeping up with high-density housing due to urban sprawl and traffic, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

“We are extremely proud of the choices we have made in designing the office space,” says John Mortenson, partner-in-charge of the East Brunswick office.

A combination of commuting patterns, access to key educated employees and newly built real estate has made the decision for companies to locate in this submarket an easy one, NKF's Jay Nugent tells GlobeSt.com.

The shared workspace provider is moving its New York headquarters to the Lord &amp; Taylor Fifth Avenue location.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Among other things, the multi-faceted arrangement entails WeWork leasing space at HBC stores; the retailer's Richard Baker calls it “a transformative partnership.”

But with big suburban migrations slowing down, the market, especially around O'Hare and other select markets, could tighten in 2018.

The latest deals, personnel moves and trends in the Midwest region.