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With a majority of the new retailers scheduled for a 2018 opening, timing appears to be optimal for the new employees of Dropbox and Airbnb, both of which signed two of the largest office lease deals in 2017.

With 80% occupancy rates and strong room rates, hotels are holding their own in markets underappreciated by investors who may be not be familiar with the area, CBRE's Rod Apodaca tells GlobeSt.com.

A survey indicates 67% of construction firms are having difficulty finding skilled workers such as carpenters, bricklayers, electricians and plumbers, which began with the Great Recession of 2008/2009.

A recent reconfiguration of space helped to seal the deal for Cozen, with space designed to incorporate concepts law firms are seeking, yet efficient relative to the key metric of attorney-to-square-foot ratio.

The winning bid also calls for a new 435,000-square-foot retail and entertainment complex, a new 200-250 key, full-service hotel, nearly six acres of outdoor recreation space, up to 10,000 square feet of community space, as well as upgrades to the storied Belmont Park property.

Calmwater Capital expects the lending market next year to be flat or trend down slightly after a choppy showing in 2017.