Spencer Levy, chairman, America's research at CBRE, predicts 2019 will be similar to 2018, although some news sources have voiced stronger economic concerns.

The firm has named Larry Cambra as its new Director of Brokerage in San Diego, and he plans to focus on recruiting brokerage talent in the year ahead.

Manhasset Bay Associates, a New York-based private equity property group, sold the tract for $2.195 million.

The continued flight-to-quality combined with strong leasing activity resulted in the Houston class-A market netting positive absorption for last year.