CEO Bob Sulentic says CBRE has received significant interest from building owners that want to deliver flexible space offerings.

The agency's green lending program, which requires owners cut energy or water by 25%, is proving to be very popular.

This was an off-market transaction from a seller also occupying the building at 3689 Industrial Blvd. but it was not the right fit, thus facilitating the opportunity for Bendetti Company to acquire the asset.

Construction labor shortages have put pressure on construction pricing and have created a war to retain workers.