Construction Up, GSA Stalled, GE Sells


General Services Administration lease stalled again – [New York Post]

Construction spending saw big gain – [Crain’s New York]

Leasing activity skyrockets in second quarter – [Crain’s New York]

U.S. office market has smallest occupancy gain in a year – [Bloomberg]

GE to sell lending unit to EverBank for $2.51 billion – [Bloomberg]


SEE ALSO: City Set for 33-Year High in New Office Supply Through 2019: C&W

Robert Sammons is vice president of research services at Cassidy Turley, a full-service commercial real estate services provider offering tenant representation, project leasing, capital markets and research and consulting, among other platforms. Mr. Sammons can be reached at To subscribe to Cassidy Turley’s daily news roundup email