After claiming the third spot in 2024’s pipeline, Savannah leads the pack this year with 24.7 million square feet of space currently under construction, that’s according to the latest industrial survey by Commercial Edge. The current pipeline will expand the market by almost 17%, making it the leader in that metric as well. A majority of the pipeline can be attributed to Hyundai’s 17-million-square-foot electric vehicle plant, and it’s also worth noting that the market still saw a drop of around 18% compared to the start of last year in terms of space under construction.

As the fifth-largest port in the entire U.S. and home to the single largest terminal nationwide, its significance to the East Coast’s logistics network is key. A $200-million expansion of the Savannah/Hilton Head International Airport has greatly expanded its capabilities. The market’s significance was best underlined when Hyundai chose it as the site of a brand new, $7.6-billion electric vehicle plant, driving local employment as well as further development of Savannah industrial space through the multiplier effect.

In a ranking of the top college towns in the U.S., Bozeman, MT came in at number one, according to a RentCafe study reported by Coldwell Banker Commercial. The ranking was based on 12 different metrics, including cost of living, tuition fees, graduation rates, and others.

“Staying informed about the top college towns of any given year is important for student housing investors,” according to Coldwell Banker Commercial. “These towns serve as hotbeds of academic achievement and vibrant student life, attracting a constant influx of potential tenants seeking quality living spaces. By understanding the dynamics and allure of these prime locations, investors can strategically position themselves to capitalize on the steady demand for student accommodation.”

Home of Montana State University, Bozeman offers a mix of affordability, student activities and nearby parklands, such as Yellowstone National Park. Click here for more on Bozeman and other college towns in the top five.

Stream Realty Partners’ Washington, D.C. team has secured the leasing assignment for four Brookfield Properties office buildings in the Central Business District.  

The buildings, totaling 814,469 square feet, will be overseen by Stream’s Kyle Luby, John Klinke, Tim McCarty, and Josh McDonald. The properties include 2001 M Street, 1220 19th Street, 2000 M Street, and 1140 Connecticut Avenue, offering office space with amenities such as rooftop terraces, fitness centers, and on-site conference facilities.  

“This assignment is a testament to Stream’s growth and continued success across the region. We feel like their team understands the value proposition of our amenitized office assets and unique tenant engagement program, Activated,” said Bobby Swennes, EVP and head of the Mid-Atlantic and Southeast Region, Brookfield Properties.