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]

 

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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 Robert.Sammons@Cassidyturley.com. To subscribe to Cassidy Turley’s daily news roundup email Arielle.Herzfeld@cassidyturley.com.