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Sourcepoint Inc. committed to 34,852 square feet, bringing the EverWest property to 100% occupied, which worked for a number of reasons including Sourcepoint's desire to occupy the entire remaining balance of the building.

The adoption of permanent remote work will be a challenge for urban markets built for live-work-play.

Many CRE players have been predicting a recession for years. Now that it is here, there is more certainty about future project timing.

Greater Sacramento is home to several global tech and life sciences companies, and is the only major metropolitan area that has highly skilled employment combined with low business costs and an affordable lifestyle.

It has formed a joint venture with an unnamed partner to acquire and develop these properties, with the first project launching in Austin.

In the third quarter, construction activity continued to rise to more than 4 million square feet, even as leasing absorption has slowed.

The REIT has signed 393,056 square feet of Manhattan office leases to date during the fourth quarter.

There was a 5% to 10% discount on apartment deals for a short period, but that has changed.