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Marketed sublease space hit 7.7M SF in Metro Atlanta last quarter.
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A partnership led by Terra Group agreed to purchase the former Miami Herald headquarters site from Malaysian casino giant Genting.
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The 46-story building looks to have sold at a huge loss.
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Leasing slowdown comes as developers are still building more than 30M SF of industrial space in Atlanta.
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Planning departments applying climate policy in different ways is causing fewer houses to be built.
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DFW has a reputation for outperforming the nation during periods of economic distress. But the office sector's existential crisis is challenging that belief.
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Some marijuana wholesalers have decided to pack up and leave Denver’s industrial market behind in search of better opportunities elsewhere.
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Private sellers who needed to refinance or relinquish assets made up the majority of sales, with other owners sitting tight in hopes of better pricing in 2024.
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While both leasing activity and deal volume have declined since 2021, Denver’s triple-net rent rate has steadily increased.
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Green leases offer flexibility that can help share costs for sustainable building upgrades.
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