Development

This is partly driven by Amazon's decreased spend on microfulfillment.

It is not sure what it plans to do with the acreage, but preliminary conversations have focused on a health and wellness hub.

Supply chain constraints, inflation and increased labor costs are applying upward pressure.

The venture is targeting three to four transactions of approximately 200,000 to 500,000 square feet.

175-key project will be built on Sunset Boulevard.

Tishman to convert 10 floors at 30 Rock over NBC Studios, Radio City.

Also, the average price reduction is going down.

"The deceleration in nonresidential construction activity may have started."