The transaction will give W.P. Carey a pro forma enterprise value of $17.3 billion.

VTS MarketView is aimed at helping companies make better decisions.

Costly government regulations include sometimes lengthy approval processes, development standards that go beyond what would ordinarily be done, changes to building codes over the past decade, and OSHA requirements.

Colliers International experts say Manhattan office leasing is going strong in the first half of the year, but seven million square feet of space will be entering the market.