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PHILADELPHIA, PA—Manufacturing activity in the Philadelphia region increased modestly in January, according to firms responding to the Philadelphia Fed's Manufacturing Business Outlook Survey. The survey's current indicators for general activity and new orders fell from their readings in December, suggesting a slower pace of growth.
ARLINGTON, VA—Tishman Speyer has put its Arlington Tower office building on the market for sale after completing a multi-million dollar renovation program at the 19-story property.
CHICAGO—After six straight years of negative or stagnant absorption, the suburban market bounced back last year with about 1.3-million-square-feet of positive absorption.
PHOENIX—On behalf of Arizona-based Soilworks, the Phoenix office of Jones Lang LaSalle has completed a class A office lease in Scottsdale that establishes a new world headquarters for the company, a leader in dust control and soil stabilization technology.
IRVINE, CA—RealtyTrac's recent study shows the best safe haven residential rental markets, along with the best markets for renting to Millennials, GenXers and Baby Boomers.
NEW YORK CITY—The French banking and financial services firm's relaunching of a platform it took down amid the financial crisis comes at the outset of the so-called “wall of maturities” for 10-year CMBS loans.