Globest Sectors

This strong pace of hiring has underpinned tenant demand for quality space, such as M-M Properties' signing of another law firm, Touchstone Bernays, at the Comerica Bank Tower at 1717 Main St.

Plymouth Industrial has also signed a definitive agreement to acquire a 1.1-million-square-foot, multi-tenant Class B industrial property in Cincinnati for $24.8 million.

Washington Prime Group says it expects to use loan proceeds to reduce outstanding balances on its credit facility and for its ongoing redevelopment efforts.

The Phoenix industrial market is growing, but with plenty of land available for industrial development, the market is unlikely to see a supply crisis.

Esperanté Corporate Center is one of only three Class AA office towers in West Palm Beach and is the market's newest office building following a renovation that was completed in the first quarter of 2018.

Third quarter leasing activity was 25.4% above Manhattan's five-year historical average and a sizable 48.5% above its 10-year average, according to a report released by commercial brokerage firm Colliers International.

QSRs have continued to sell at a lower cap rates than the single tenant net lease average.

The deal was a 1031 exchange for the company.