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The firm will occupy 2,055 square feet of ground floor retail space and 8,074 square feet of office space.

Waterford Property Company purchased the apartment complex from SummerHill Apartment Communities.

US vacant sublease inventory dropped 1.5% in the third quarter from 132.4 million square feet to 130.4 million.

US vacant sublease space fell 1.5% quarter over quarter, from 132.4 million square feet to 130.4 million square feet.

As a result of new office deliveries and reduced demand from remote work, the vacancy rate is up 300 basis points year-over-year.

Five SaksWorks locations will open next month in New York and Saks has indicated plans to expand the concept to Los Angeles, Seattle, Philadelphia, and Boston.

The firm acquired The Russell Apartments, a 241-unit garden-style apartment community in West Las Vegas.

Panelists tackled that question among other key investment topics at the national GlobeSt. Multifamily conference here in Los Angeles.