Colliers

ATLANTA—Data-center sale/leasebacks make sense for investors who are seeking limited tenant turnover, high cap rates and TIs that keep the property current and are often paid for by the tenants, Colliers' Tim Huffman tells GlobeSt.com <b>EXCLUSIVELY</b>.

NEW YORK CITY—The overall Manhattan office availability rate fell from 10.7% at the end of the first quarter of 2015 to 9.9% year-over-year, according to a new report.

IRVINE, CA—The Affordable Care Act alone is not directly impacting the use of on-campus hospital real estate, Colliers' Mary Beth Kuzmanovich tells GlobeSt.com in this <EXCLUSIVE</b> preview to an upcoming Real Estate Forum feature.

ORLANDO—“We recently brokered the sales of two different properties that were both over 30 years old and needed major repairs and renovations.”

BOSTON—Joseph, who has 30 years experience in commercial real estate finance, joins C&W as vice chairman.

NEW JERSEY—Here is a roundup of recent smaller deals and other transactions in the New Jersey market, along with some exclusive agency assignments and executive moves.

CHANDLER, AZ—The 352-unit, class-A apartment community at 777 W. Chandler Blvd. recently sold for $47 million or $133,523 per unit.

PHOENIX—The office market is improving at the fastest pace, with vacancies tightening and rents rising, according to a report by Colliers International Phoenix.