Research

There were approximately 303,656 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), a gain of about 10% over the previous quarter, says WCRE's Jason Wolf.

Meanwhile, the vacancy rate in the District rose to 14% in Q2 -- an increase of 170 basis points (bps) year over year and the city's highest vacancy rate since 2014.

The Miami office market in the second quarter continues to show signs of leveling off, JLL reports. The market year-to-date has registered 153,698 square feet of negative office space absorption and a total vacancy rate of 14.2%.

There were 140 multifamily transactions in South Florida in the first quarter of this year, an 8.5% increase as compared to a year earlier. Multifamily per-unit prices also rose in Miami-Dade, Broward and Palm Beach counties.

The overall decline in the broker confidence index was due to brokers' concern for future leasing and financing conditions in both the residential and commercial real estate markets, REBNY states.

It is a complex subject but Transwestern and IMEG Corp. have tacked it in a report in which 24 healthcare-related executives speak.

As of mid-June US-targeted construction & building M&A reached its highest year to date volume on record with 173 deals totaling $26.4 billion -- an increase of 312% compared to the same period last year, according to Dealogic.

The top countries of origin for buyers were China, Mexico, Canada and the United Kingdom.