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The portfolio Sweden-based Hemfosa will acquire includes office, warehouse and logistic assets and totals approximately 460,000 square meters or nearly 5 million square feet.
Meanwhile, the vacancy rate in the District rose to 14% in Q2 -- an increase of 170 basis points (bps) year over year and the city's highest vacancy rate since 2014.
The Miami office market in the second quarter continues to show signs of leveling off, JLL reports. The market year-to-date has registered 153,698 square feet of negative office space absorption and a total vacancy rate of 14.2%.
Using an AI framework, OpenSpace gives construction industry workers the ability to move backward and forward in time, creating a visual record far more powerful than memory or any written document.
In this <b>EXCLUSIVE</b>, NAI Robert Lynn recently discussed the top trends emerging as companies look to relocate or redesign space to recruit and retain employees, especially Millennials and Gen Zers.
By utilizing new technologies, companies can continue to build and help Texas grow, despite lack of available labor, which helps to keep overall costs down, says Joel Galassini in this <b>EXCLUSIVE</b>.