Midwest

Transwestern estimates that total demand for medical office space across the US could range from 150.5 million square feet to 225.8 million square feet by 2019.

As office space shrinks, the tech performance of the space becomes more important, i.e., dedicated Internet access, connectivity to private cloud networks and secure connection to offshore centers.

Experiential water features are becoming “the next big thing” in quality retail projects as a way of driving consumer traffic.

Brookfield Property Partners and Fairfield committed $330 million to the fund.

Class-A malls are outpacing other retail formats, creating strong investment opportunities with limited competition.

Kroll Bond Rating Agency says the REIT sector is finding its “mojo,” and REIT debt-to-market leverage reached record lows by mid-year 2018, declining to a median of 30.2% for public and private note issuers.

In the second quarter, for example, the average industrial deal size was 32,970 square feet, up from 23,435 square feet in the first.

TravelCenters of Americas is getting out of the convenience store business with the sale of its 225 standalone outlets.