Globest Sectors

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year.

The owners of a portfolio of 15 retail properties in Williamsburg, Brooklyn received $221.8 million in financing.

City officials pegged the cost of the 50,000-square-foot YMCA complex being developed at 250 East 229th St., at approximately $60 million.

The two hotel properties, constructed in 2007 and 2008, sit on 4.5 acres and feature a total of 212 units.

The rent discount for Class A space in Crystal City vs. Class B space in Washington, DC will continue the trend of cost-conscious tenants exploring this market, according to JLL.

The tech industry has added 682,000 employees in the past five years -- and most significantly for the CRE industry, it has been a top driver of office leasing activity during that time.

The property at 1102 Jackson Blvd. was sold by High Associates to YMZ, LLC, according to Matthew Wolf, vice president, CCIM of Kislak Co., who brokered the transaction.

Cambridge Savings Bank will house its new operations center at the 2-million-square-foot Hobbs Brook Park, but will retain its corporate headquarters operations in Cambridge.