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“Gateway market office volumes peaked in 2015 and are now declining, while secondary Sunbelt office market investment sales volumes continue to rise,” says Noble Carpenter with Cushman & Wakefield.
The transaction represents the largest portfolio of industrial real estate that has traded in Northeastern Pennsylvania in several years, according to Gerard J. Blinebury, executive director with Cushman & Wakefield's Industrial Advisory Group
Las Colinas led the Dallas-Fort Worth market in office leasing activity during the third quarter of 2017, with 505,905 square feet in new deals and renewals—topping Legacy/Frisco and Uptown.
Between Amazon, Illumina, Northrop Grumman and a spate of other large corporate users, the options for large users are dwindling, driving the redevelopment frenzy, C&W's Brett Ward tells GlobeSt.com.