SEATTLE—As consumers increasingly demand same-day deliveries, “The strongest demand and development will continue to be in the major markets,” Colliers' Dwight Hotchkiss tells GlobeSt.com.

WILMINGTON, DE—The building is being renovated and once that is completed, it is hoped that a new class of tenants will sign on.

PLANO, Tex.--Arbor Commercial Funding LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage LLC, and a national, direct commercial real estate lender, has announced the recent funding of 16 loans totaling $86,912,000, across the Western United States.

PHOENIX—Old School O7, considered one of the most unique urban infill redevelopment projects in Phoenix, has sold. The 9,293-square-foot shopping center commanded a sale price of $6.1 million, or $656 per square foot, and a record low cap rate of 5.5 percent¬¬.