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New leasing slipped 7% quarter-over-quarter, but industrial vacancy held flat as the pace of new construction deliveries slowed.
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A seven-property industrial portfolio sells and LeadsOnline expands its HQ in Plano in this week's Deal Sheet.
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Also in this week's Deal Sheet, a 1,200-unit Prince George's County portfolio trades hands, Montgomery County advances a TIF deal for Viva White Oak, and more.
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Vanderbilt is expanding its square footage across the country, while higher education struggles with declining enrollment and widespread financial attacks.
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Also in The D.C. Deal Sheet, NCTA renews its East End office lease, Velocis sells a Rosslyn office property, a NoMa apartment lands refinancing, and more.
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Alexandria Real Estate Equities faces anemic life sciences leasing, and its trading price fell by about 10% through Wednesday afternoon.
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The industrial fund is 40% deployed, with 17.3M SF in acquisitions.
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The 174M SF of new U.S. industrial leasing activity during the first quarter was the highest for a first quarter since 2022.
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Cushman & Wakefield ramped up leasing at a Broward office building, then helped sell it.
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San Diego's industrial sector saw growth after a flat first half of 2017. Vacancies are low and there is a lot of new construction
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