LOS ANGELES—While rates across sectors are skyrocketing in the downtown market, this company signs a 27,500-square-foot industrial lease just outside of the arts district and saves $1.50 per square foot.

SANTA BARBARA, CA—Earlier projections of 2015 rent growth now look “almost too conservative,” according to Yardi Matrix researchers. Yet they raise a few questions about that growth's sustainability.

MORRISTOWN, NJ – New Jersey State Sen. Robert Gordon, a Democrat who represents the 38th Legislative District in Bergen and Passaic Counties, has joined Avison Young, where he will help the firm expand its healthcare real estate practice.

NEW YORK CITY—Halvorson Partners' founding principal will serve as an EVP of the merged firm's Chicago office and will work to grow the business nationally.