In the Lehigh Valley, 1.5 million square feet of speculative construction added during the third quarter remained largely vacant, says Jared Jacobs, Cushman & Wakefield's Philadelphia research manager.

Due to the continued and increased use of cloud data storage, data centers continue to be in demand here, including some in Silicon Valley that have either opened or been announced for completion in 2018.

The Mortgage Bankers Association anticipates a slight decline in velocity for multifamily originations in 2018.

CBRE's Mike Lafitte says the Atlanta-based project management firm has “a strong track record of client service, with many longstanding relationships spanning decades.”