SOUTHFIELD, MI-Marcus and Millichap's local office says demand will stay high, strengthening the Detroit area apartment market, even as the economy holds down multifamily rental construction starts.

EUSTIS, FL-Founded 63 years ago by the heirs of New York's Waterman Fountain Pen Co., the five-story, 325,000-sf, 182-bed acute-care hospital is headed for demolition or life as a new commercial product as developers await the hospital's Aug. 15 decision.

HERNDON, VA-Prentiss Properties, which acquired the vacant Northern Virginia building in June, has already inked a 10-year deal for nearly half of the 150,426-sf property.

AUSTIN-Austin is slowly nipping away at its vast amount of sublease space. For the second reporting period, Mike Buls has tracked a decline, even in the northwest submarket, which accounted for 63% of the available sf at one point.