Leasing

Accesso has signed a lease with Michaels to occupy 123,740 square feet of space at Royal Ridge III, the property's sole tenant, in the Las Colinas submarket.

The Stark Law, which is a set of federal laws that prohibit physician self-referral, can be a problem for some landlords.

Employees want to be back in offices to stay connected to colleagues—and demand will increase for lower-cost, more accessible suburban offices with greater space for social-distancing, says Black Creek Group.

Most leases require that the tenants is responsible for property alterations, but it can depend on the lease.

Rent collections have continued to remain stable through the pandemic with 32% of renters unable to make a full rent payment in July.

CBRE arranged the long-term lease, which encompasses the entire 95,808-square-foot industrial property.

Avison Young secured the lease within the master-planned business park, Whiteland Exchange, on behalf of the developer Jones Development Co.

Prior to the pandemic, the national rental price growth had been a stable 3%.