Globest Sectors

Nearly 180,000 square feet in new retail deliveries helped contribute to 115,000 square feet in positive net absorption in the first quarter.

The broadcast company is staying in its Midtown South location owned by George Comfort & Sons, Jamestown Properties and Loeb Partners.

Washington DC-area developer Renaissance has built thousands of single-family and multifamily homes throughout Northern Virginia.

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.

The Greenleaf Center Portfolio consists of 13 medical office buildings clustered around a high traffic intersection within the Chicago metropolitan area. The buildings total 197,385 rentable square feet and were 93% leased at the time of sale.

TCS officials note that Miami is one of the nation's strongest industrial markets with low single-digit vacancy and demand concentrated in the Medley, Hialeah, and Miami Airport submarkets.

The New Orleans-based Energy company reports that it will sell Indian Point 1, 2 and 3 nuclear units to decommissioning firm Holtec International of Camden, NJ, which will decommission units. Indian Point 2 and 3 that are scheduled for closure in 2020 and 2021.

The Orange County market closed Q1 with more than 800,000 square feet in negative absorption following the retailer's exit from its 1.1 million facility.