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    J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.

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    The company preleased more than 60 percent of Big Eddy Commerce Center, an industrial building currently under construction. The project is slated to open by the end of this year.

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    The 400-acre Grandscape is one of the largest mixed-use ventures currently underway in the United States. Merriman Anderson/Architects will take on construction responsibility, as well as the arrangement of related design and bidding phase services.

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    Dodge Data & Analytics reported that the decline was due to an 8.7 percent drop in the commercial component of the Dodge Momentum Index, bringing planning activity to a more sustainable pace.

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    As mobile devices, videoconferencing and other technologies become more commonplace, organizations are increasingly thinking about how they can connect their employees more effectively in the office environment, according to CBRE's latest Global Prime Office Occupancy Costs report.

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  • National Vacancies

    Vacancy rates for office markets are expected to decrease by 2.7 percent in the Midwest and remain almost the same as in the first quarter of this year for the other regions.

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  • LaSalle Brings New Leader on Board

    Tim Kessler will be based in LaSalle’s Chicago headquarters and will be in charge of the company’s growth strategy worldwide.

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