LOS ANGELES—Zoning laws allow building owners to take up to half an alleyway to incorporate it into their square footage, and the addition could result in increased property values.

CHICAGO—It's possible the presidential transition spurred many to hit the pause button, but there are many indications that strong activity will resume.

CALABASAS, CA—The economy supports continued growth in the national hospitality sector, says Marcus & Millichap. A deeper dive reveals pockets of concern, but expansion is still the theme for 2017.

MIAMI—The ripple effect is noteworthy.