Southeast

A new report shows that Phoenix is a top market for new and expanding industrial users.

The mixed-use building at 147 E. Santa Clara St., dubbed The Icon, will be aimed at residents seeking a blend of the urban environment offered by Silicon Valley while providing access to public transportation options.

Developers are less bullish on industrial and multifamily projects three years down the road.

The $47.5 million property was bought by Deka’s open-ended and dollar-denominated North America Fund, and marks its third US acquisition during the past nine months and first in Oregon.

Century West Partners and Fifield Cos. has shifted away from high-rise urban-core apartment developments to semi-urban mid-rise projects.

The largest transaction was with wireless site development firm Network Building & Consulting, LLC, which agreed to add 10,491 square feet to its space at Keystone’s VEVA, a 417 420,546 square-foot office campus in Blue Bell, PA.

Life companies post a strong quarter while banks continue to lead major lender categories, according to the CBRE Lending Momentum Index.

"There are quality tenants in every market and for every class of property."