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Chicago now tops the US as the number of Energy Star labeled and LEED-certified buildings grown nationwide, and the spread of energy-benchmarking ordinances may spur further adoptions.
The deal entails acquiring 36 Kindred-leased skilled nursing facilities from Ventas, bringing the healthcare REIT's exposure down to 1% of its total business.
Demand from various industries has pushed gross activity and rents up and vacancy down, and there has been an uptick in rollover from adjacent regions such as Orange County, where the market is even tighter, CBRE's Tom McAllister tells GlobeSt.com.
Nearly half of the industrial space under construction has been pre-leased, the most since 2000, and this level of demand is seen in a broad cross-section of markets, not just ones on the coasts.