We see potential for that capital to be deployed into urban retail and food service concepts for investors willing to consider something other than a typical suburban NNN pad site.

The global post-production firm, Company 3 has signed an 11-year, 70,285-SF lease at Hudson Pacific Properties' new, class A development, Harlow.

Terra and New Valley have secured the construction financing from Bank OZK to fund the new 23-acre, 460-unit multifamily community, Natura Gardens.

"We believe in downtown," said Carlos Melo, a principal in the Melo Group. "For us, it is not only the units. It is to bring something more to our communities where people can start enjoying where they live. It is the people who are the soul of the neighborhood."