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Class A vacancy in the suburban region remained flat at 22.3%, however the vacancy rate in high quality, trophy assets in the suburban office market ended the third quarter at 16.6%, down 170 basis points from the same time period in 2017.
Andrew Gross discusses how the Dallas mayor's plan to make downtown Dallas more livable coupled with the 500% population growth impacts retail, STNL, shopping centers and multifamily investments in this EXCLUSIVE.
The buyer was Stockbridge, on behalf of the firm's Value Fund III, a closed-end, value-add vehicle and the seller was a partnership between Republic Urban Properties LLC and The Core Companies.
The facility in Channahon will employ approximately 500 new full-time workers. The Seattle-based e-commerce giant currently has a workforce of approximately 11,000 in Illinois.
According to a report released by Cushman & Wakefield, third-quarter leasing activity totaled 25.9 million square feet, nearly half of which was concentrated in the Interstate 55 and Interstate 80 corridors, as well as southeast Wisconsin.
Each community association should operate as a nonprofit business with an important goal in mind: Promoting the health, safety and welfare of its community.
Tritton, a 30-year retail executive, will replace interim Bed Bath & Beyond CEO Mary Winston effective Nov.4. He will also serve on the company's Board of Directors.