Middle Market Digest: This Week in Southwest

Employment activity in the Southwest market picked up this week after lackluster new hiring announcements for the last two weeks. Overall, sales and leasing activity, however, seemed slower for the week, likely due to the usual summer slow down. While July and August tend to be the slow time for the year, many experts are reporting increased activity throughout the Southwest, especially near the coast. This week, investment activity spanned real estate asset classes, while leasing activity seemed to focus on smaller office spaces. Interestingly, a second quarter report from Colliers International showed that industrial vacancy ticked up in the Central Los Angeles market. This is a surprise, considering the L.A. market is one of the tightest in the country. For more news, here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

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