New York

In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).

Marcus & Millichap has been retained as the exclusive sales agent for the property anchored by BJ’s Wholesale Club, LA Fitness and Xscape Theatres in 228,664 square feet of space.

The Long-Island property, which is occupied by a USPS distribution facility, set a record sales price and cap rate, outside the state of California.

The workspace provider, valued at $1 billion, now leads the market in New York, San Francisco and Paris.

The firm will lead advisory efforts for the 250,000-SF development site in the Mott Haven neighborhood.

Healthy lifestyle brand, Life Time will occupy the space, opening its first Brooklyn location at the mixed-use, residential and retail development.