Globest Sectors

Apartment fundamentals in the Jacksonville MSA are solid. According to CBRE Econometric Advisors, employment gains in the market have been steady over the past few years and should continue to have a positive effect on the apartment market.

The new agreement will fuel development and investment activity to revitalize the corridor.

While leasing activity was strong in the first half of the year, new supply coming to the market kept the vacancy rate flat.

The Pacific Center is a two building, 390,600 square-foot office campus that is 85% leased.

The report states that in 2019 Dollar General alone plans to open approximately 1,000 locations, while the dollar store sector has a pipeline of approximately 24,000 new locations planned for the future.

The Elements at Prairie Center is the second geothermal apartment community in the Brighton suburb of Denver.

Vertical construction has begun on the creation of 266 residences and some 72 acres of parks, beaches, and hiking and biking paths, as part of an approximately $1.5 billion development on Yerba Buena Island.

July cargo volumes slip at the Port of Long Beach as the impacts of the tariffs are finally realized.