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What do renters want in the age of COVID? Outdoor space would be nice
More outdoor space? On-site fitness centers? Rooftop pools? Which amenities do renters want today as the COVID-19 pandemic continues?

One bright spot in the Houston office market? Medical leasing
The Houston metro area has a long way to go until its office market fully recovers. Houston led the nation in overall office vacancies at the new year at a staggering rate of 24%, but there is one bright spot in the market: medical leasing.

Commercial Real Estate Hall of Fame: Industrial Commercial Properties’ Chris Salata
Each year, Midwest Real Estate News inducts a new class in its Commercial Real Estate Hall of Fame. Last year — despite the challenges it brought — was no exception. Here’s a look at one of our newest Hall of Fame members, Chris Salata, chief operating officer of Solon, Ohio-based Industrial Commercial Properties.

Gerdom Realty & Investment closes 10,000-square-foot office building sale in Michigan
Bill McLeod of Gerdom Realty & Investment represented the buyer in the purchase of the 10,772-square-foot Bankers Square office building on the northeast corner of Michigan Avenue and Clinton Street in downtown Howell, Michigan.

Darwin/CORFAC brokers industrial sublease in Bedford Park
Darwin Realty/CORFAC International Senior Vice President Jeffrey Provenza and Associate Rollo Dace recently worked together to represent Garage Door Supplies in its sublease of 30,000 square feet at 6558 W. 73rd Street in Bedford Park.

CA Industrial and DWS team up to purchase properties in Dallas and Phoenix
CA Industrial, a subsidiary of CA Ventures (“CA”), the global vertically integrated real estate investment management company, announced it has formed a joint venture partnership with DWS, a leading global asset manager, and closed on industrial developments in Dallas and Phoenix.

Dalfen Industrial purchases industrial property in Aurora
Dalfen Industrial announced the purchase of a 174,300-square-foot industrial facility at 1103 Butterfield Road in Aurora, Illinois. The facility was built in 2004 and has features sought after by the modern e-commerce and distribution tenants, including immediate access to the I-88 Expressway.

Portland Cement Association predicts increased demand in coming years
Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan recently presented their annual Spring cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022.

NAI Partners brokers multiple retail deals in Houston suburb
NAI Partners recently arranged multiple retail transactions in Pearland, Texas, totaling more than 10,000 square feet of assets.

The first was a 3,500-square-foot lease at 5040 Broadway for Nikki’s Country Kitchen, a new concept from the Barcenas family of restaurants coming to the Pearland area with a home cooked feel.

The second transaction was a 7,497-square-foot lease for Action Behavior Centers at 2941 Broadway Bend Dr in Pearland.

NAI Partners’ Mr. Leger and Jason Gaines represented the landlord in the transaction.

Action Behavior Centers is a growing provider of ABA Therapy based in Texas. They focus on providing comprehensive ABA Therapy for kids with Autism.

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