Globest Sectors

ORLANDO—National restaurant chain Miller's Ale House has inked an 18,944-square-foot office headquarters lease in Orlando. In the move, the company is expanding from 9,000 square feet to 19,000 square feet of office space.

CHICAGO—The new business park represents the developer's first move into the I-355 extension area, where land is far more plentiful than in the nearby I-55 submarket.

IRVINE, CA—Despite office deliveries expected to reach close to 600,000 square feet in 2016 and 2.2 million square feet in 2017, completions won't all come at once, helping absorption to catch up, JLL's Jeff Ingham tells GlobeSt.com EXCLUSIVELY.

AUSTIN, TX— Buyer enthusiasm continues to make an impact on the market and investors are active throughout the quality spectrum, particularly with class-A assets that are coming to market.

NEW YORK CITY—Corporate relocations out of Midtown to the west and southern section of the city as well as the movement by some major businesses to new construction projects Downtown or on the Far West Side could spell trouble in the years to come for Midtown property owners.

LOS ANGELES—Wall Street executives at ALIS say that they are starting to see a pull back from public investors and private investors will follow.

LOS ANGELES—The value-add investor buys a 391-unit multifamily portfolio in Thousand Oaks, where new development is nil and the opportunity to push rents is high.

LOS ANGELES—Thorofare Capital hits $54 million in bridge lending only four months after launching its recent fund, but the success is driven by their professional relationships, not an increased appetite for short-term financing.