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Firm ups equity on 42-story office building in five-year deal.

With net income down 57.3% year over year, costs are on the chopping block.

Spirit was acquired for around $5.3 billion.

Spending in bars and restaurants has been healthy.

"Sales are seen as growing, but at a slower pace, and profit margins are reported to be declining."

Three California metros were the only ones nationally to see double-digit rent growth for industrial spaces.

Real estate faces the potential for multiple areas of needed compliance, including some that specifically calls out the industry.

Package includes 10 commercial properties, aims for $250M.