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The residential division will extend the firm's commercial advisory services largely recognized for office and retail leasing.

Strong user demand has driven construction activity, but it might also start to drive land and construction costs up.

In recent years, Salt Lake City has become a prime location to both run a business and invest in commercial real estate.

The decision by the arbitrator would raise the current rent of more than $16 million to $30 million in the 10-year lease deal.

Many investors work extra hard to find properties that provide higher yields, and Chicago-area properties tend to land at the top of their wish lists.

A source tells us the 321,000-square foot building is trading at $140 million or $436 per square foot.

The Harbor Group is buying the 31-building garden apartment complex for $239,454 per unit.

Co-working space in retail properties will grow at a rate of 25% annually through 2023 reaching approximately 3.4 million square feet.