NEW YORK CITY-Midtown South suffered the most, with an influx of more than 830,000 sf. The vacancy rate there hit 8.3% while Downtown and Midtown rose to 5.6% and 6.3%, respectively. Overall asking rents slipped $1.36 per sf.

SAN DIEGO-Coffee will brew alongside coffee when a new Starbucks store opens on Newport Avenue at Bacon Street in Ocean Beach in the next couple of months. The Seattle-based coffee chain plans to fill a space once occupied by two coffee shops in the community, known as a counter-culture haven in the 1960s.

PHOENIX-California investor Joel McCloud has acquired the 58-unit Holridge apartments in the city's northern tier. He has paid $2.4 million or about $41,400 per unit to the Roseman Family Trust of Ambler, PA.

COSTA MESA, CA-Pacific Communications signs an estimated $4 million renewal and expansion deal for 26,700 sf at McCarthy Cook's 12-story, 241,000-sf office building in Costa Mesa.