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“Year to date, we have executed over $335 million of asset sales and recapitalizations, and we will continue to pursue opportunities to capitalize on the attractive market environment that exists today.”
The Bay Area is without question one of the strongest US office markets, as demand for transit-oriented future-ready workspaces continues to generate leasing momentum across the region, says CBRE.
“Juncture is one of the highest quality assets in Alpharetta, a submarket which has benefited from job and population growth," says Mesa West Capital principal Ronnie Gul.
In the first quarter, the Orange County vacancy rate increased 80 basis points, and with more companies' rightsizing, the vacancy rate is likely to continue to increase.
“Since acquiring the property, Soma and Northlight have worked diligently to make 5 Becker Farm Road into one of the most sought-after class-A office properties in Roseland, New Jersey,” says CBRE's Daniel Casey.
GlobeSt.com chats with Miami attorney Steven D. Weber with Weber Law about what landlords can do to proactively protect their properties and prevent some tenants from breaking their leases.