Globest Sectors

It's likely that the market will continue to underperform its potential while these conditions exist, First American's Mark Fleming tells GlobeSt.com.

Due to DFW's job growth, more people have relocated here, propelling rents, and the rapid increase in rates has pushed some of the workforce out of the more desirable areas seeking affordability, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

The recovery process is estimated to be 100 days for every day of the storm, which in Harvey's case was 10 days of significant rainfall, so that is an estimated 1,000 days for the Houston area to recover, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

The standalone REIT, Industrial Logistics Properties Trust, will initially own more than 260 mostly single-tenant properties contributed by parent company Select Income REIT.

The office vacancy rate fell nearly 5% in the third quarter as more creative companies are signing leases in the market.

A roundup of recent deals, leases, executive moves, and other news in the Northeast from the past week.

The spin-off will enable “separating financing approaches” for what currently are two investment strategies under one roof, Spirit Realty Capital's Jackson Hsieh said in August.

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.