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University Place Assoc., Silverstein Properties and Cantor Fitzgerald are developing a 250,000-square-foot, eight-story lab and office building in a Philadelphia Opportunity Zone.
Apartment List's national index has stabilized back to a more typical trend during the past few months, i.e., rents fell by 0.5% this month, which is consistent with rental trends going back three years.
Marbet Lewis is expecting an increase in litigation on the commercial side. She said when the coronavirus pandemic struck "everyone moved so quickly, and a lot of businesses just accepted the regulations as they came out."
Aerospace manufacturer Bell Textron recently signed a long-term 109,187-square-foot lease for the entire four-story building at 4151 Amon Carter Blvd. that formerly housed the American Airlines Federal Credit Union.