Colliers

NEW YORK CITY—The sheer quantity of speculative development underway across major industrial markets “does warrant some caution,” says Colliers International. Yet there are strong arguments for all the new construction.

SAN FRANCISCO—Becoming ingrained in a community requires public outreach, judicious use of technology and analysis, but it can make the difference between a store's success or failure, Colliers International's Anjee Solanki tells GlobeSt.com <b>EXCLUSIVELY</b>.

LITTLE FALLS, NJ— Montclair State University is leasing 51,000 square feet of the third floor at Overlook Corporate Center in Little Falls, NJ, for its accounting and administrative offices. The University will occupy the new space in August.

CHICAGO—Although tenants in class A buildings around O'Hare no longer have the upper hand, US Cellular was important enough to score a valuable tenant improvement package.

IRVINE, CA—The recruitment of the team from Savills Studley adds to Collier's International's Western Region expansion of its Institutional Investment division.

MINNEAPOLIS—A North Minneapolis neighborhood now dotted with vacant lots could soon see nearly $100 million in new investment.

CHICAGO—The national food distributor will use its new 678K build-to-suit in Wilmington to provide third party logistics services.

PARSIPPANY, NJ—Leslie A. Meril, a former managing director at Colliers International, has joined Transwestern as vice president.