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Philadelphia now joins San Francisco, New York City, Cleveland and Newark, NJ in the right to counsel movement. Similar legislation is advancing in Detroit, Los Angeles, Denver, and other cities across the country.
ProEquity and its leasing agent, JLL, secured a lease for 17,500 square feet at Power Plaza with Williams-Sonoma Home Outlet, which will be Williams-Sonoma's first Home Outlet on the West Coast.
In Dallas, a 626-square-foot apartment can be had for $1,500 this year, which is 255 square feet less than in 2014 (at 881 square feet), making it the most affordable US city for renters.
Since the current expansion started in 2010, the San Francisco tech industry has more than quadrupled in size to 100,644 tech jobs as of year-end 2018.
The portfolio consists of 17 fully stabilized properties spanning nine US markets: Dallas/Fort Worth, eastern Pennsylvania, Nashville, Cincinnati, Jacksonville, Columbus, Chicago, Las Vegas and Austin.
At the NAR conference, Ken Rosen said the current trade war with China is having an impact, along with a number of tech companies showing revenue but no profits, manufacturing in decline and many countries in recession.
For the first time in 40 years, Napa Soda Springs, one of the most historically significant and largest continuous parcels in Napa Valley, is on the market, offering many opportunities for a new owner.
Chevron's former headquarters comprising 280,000 square feet and 473,000 square feet in two buildings are being sold to Paramount later this year for $722 million or $959 per square foot.
Visa is the first commercial tenant of Phase 1 of Mission Rock, and the firm says it is important to have an office environment that encourages collaboration, inspires creativity and reflects its stature as a world-class brand.
CBRE managed planning, site selection, procurement, preparation, landlord approvals, permitting, installation, activation and closeout at 215 workplace and multifamily buildings across 11 states.