SEATTLE—“The office market mirrors what is happening with the overall economy, and all signs point to a bounce-back in 2015 that will be similar to what we saw in 2014,” says Cynthia Foster, president of national office services at Colliers.

NEW YORK CITY—However, unsecured bond spreads have widened over the past several months, reflecting concerns over monetary policy tightening, says Fitch in a report by REIT analysts including Steven Marks.

TORONTO—When the separation was first announced in February, CEO Jay Hennick called it “the next bold, but logical, step in unlocking even greater value for FirstService shareholders,” creating two “billion-dollar companies.”

WASHINGTON, DC—Jeffrey R. Keitelman, a leading real estate attorney at DLA Piper, is joining Stroock's DC office as co-chair of the firm's real estate practice group.

CHICAGO—The syndication will reduce Global Logistics Properties' stake in the 115-million-square-foot US industrial portfolio, formerly owned by Blackstone Group funds, to 10%.

“All of the raw materials and finished goods that contribute to a new home flow through the supply chain and spend some time in an industrial property,” points out David Egan, Americas head of industrial research at CBRE.

NEW YORK CITY—The agreement in principle will bring together teams with extensive experience in special situations and sector-specific knowledge of credit and global real estate.

NEW YORK CITY—A Keefe, Bruyette & Woods report also sees the GSEs playing a smaller role in mortgage finance generally, and mREITs helping to pick up the slack.