Globest Sectors

Developers have decided to take a pause, at least for large buildings, and wait for tenants to fill up the empty spaces.

This metro area has one of the lowest industrial vacancy rates in the nation, but developers and lenders currently seem reluctant to launch new projects.

“During the first half of the year, ongoing demand for strategic distribution locations helped drive rental rates to historically high levels,” says Colliers International's David A. Simon.

An appellate court ruled one incident of illegal activity, in this case dealing in ivory, was enough to end an art and antique store's lease. But the dealer's attorney is going to a higher court.

Passco's portfolio in the Sunshine State now totals more than 3,000 units, according to Colin Gillis, VP of acquisitions, southeast at Passco.

The Atlanta, Boston and Chicago offices have joined forces to share information and deal flow on behalf of their clients.

Platform 16 is aligned with the Diridon Station Area plan's to integrate open space, transportation and development to meet the needs of the region's technology/business community and its employees.

The 30,000-square foot center includes three buildings shadow-anchored by a 69,000-square foot Kroger with a fuel station.