The Atlanta-based firm reports it has closed on an loan of approximately $12.3 million in connection with Oxford Properties' plans to develop a 240-unit Class A multifamily community at its a 63-acre mixed use project in Fredericksburg.

The three distribution/logistics centers will measure 248,625 square feet, 247,380 square feet, and 245,616 square feet.

Another 3 million square feet of new space has opened in the first half of 2018 with markets such as Seattle, which has more than 1 million square feet of coworking space, says a Cushman & Wakefield report.