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The main reason is yield, since investors are accustomed to a certain pricing level and yield expectations, and markets like Arizona, Texas and Colorado can offer it, M&M's Nick Totah tells GlobeSt.com.
As the needs of the multigenerational workforce continue to evolve and be influenced by technology, law firms are placing greater emphasis on flexible work environments and enhanced collaborative design, JLL's Ryan Hawkins tells GlobeSt.com.
As traditional banks adjust to the new federal HVCRE banking regulations, construction financing from life insurers, pension funds and other non-banking institutional sources is on the rise, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Paced by major projects, such as the $1.2-billion Jacob K. Javits Convention Center expansion and other major initiatives, the total for the first three quarters of 2017 also outpaced the full-year totals from 2010 through 2014 and is on track to surpass the $4.6 billion in construction starts initiated in 2015.