Northeast

Direct real estate and infrastructure investments made by SWFs declined from a total of $25 billion in 2016 to $23.2 billion last year.

Should the trade disputes escalate it will likely result in less demand for industrial space as US imports require more space than US exports, CBRE said.

The market's diversity was on display during the quarter, as companies from various industries, including retail, manufacturing, life sciences, insurance and telecommunications, signed large office leases, say Transwestern's Matthew McDonough and Matthew Dolly.

Business groups want approval of the tech hub without delay. Other community members and politicians support the project with some zoning restrictions.

As part of the administration's “Freight NYC” initiative, the New York City Economic Development Corp. will release on Friday a request for proposal for a private partner to build an Urban Distribution Center totaling 500,000 square feet or more at the Brooklyn Army Terminal.

Avison Young will use some of the proceeds to buy out its current private equity partner Parallel49 Equity.