Net Lease

The company intends to use the additional funds to extend its capacity in high demand areas in the city's five boroughs.

Is being underestimated the biggest challenge to overcome or was it one of the easiest? Women from this year's Woman of Influence feature in GlobeSt Real Estate Forum talk about obstacles they have faced in the industry.

Eighty percent of respondents expected rates to rise, with 43% expecting an increase of up to 19 basis points.

Most inventory added in Q2 since 2017, with strong absorption rates and slight increase in rents. Sales have slowed to a crawl, but Colliers sees "a conglomerate of deals" once pandemic conditions improve.

"If the flaring pandemic causes further slowing in states reopening and reinstituting lockdowns, that would present a headwind to the recovery," according to the chief economist for JLL.

Avison Young secured the lease within the master-planned business park, Whiteland Exchange, on behalf of the developer Jones Development Co.

Amazon recently leased a new 307,840-square-foot facility in the Kyle Crossing Business Park where it plans to open a sortation center later this year and will employ more than 200 workers.

In its latest report detailing the second quarter of 2020, RCA says COVID-19 hit certain real estate sectors harder than others.