Data & Analytics

Los Angeles -- CBRE Group reported Thursday that, despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in fourth quarter 2012.

The retail availability rate declined slightly to 12.8%, down 10 bps compared with the previous quarter.

“The broken record of slow but positive progress toward a real estate recovery continues to repeat,” said Jon Southard, managing director of CBRE’s Econometric Advisors Group.

Rockbridge Growth Equity has acquired Triad Retail Media, a 300 person digital retail media agency founded by former Procter & Gamble executive Greg Murtagh.

The acquisition is expected to be transparent to Triad’s retail clients such as Walmart, Sam’s Club, eBay, Toys "R" Us and CVS, but is expected to bring to Triad new capabilities as it benefits from Rockbridge’s ownership interest in other companies.

North Plainfield, N.J. -- A Thursday report by Levin Management Corp. found that leasing activity in New Jersey, New York and Pennsylvania improved in 2012.

CHICAGO — Jay Dettling was named president of Acquity Group, a global e-commerce an digital marketing company.

Dettling will lead North American Services and in addition to identifying strategic expansion targets, he will be charged with evolving Acquity Group's current service offerings in strategic, creative and technical practice areas to keep pace with technological advances and changing market conditions.

Washington, D.C. -- The Bloomberg Consumer Comfort Index fell to minus 34.4 in the seven days ended Jan. 6 from minus 31.8 the prior period, the biggest one-week drop since August. Jobless claims increased by 4,000 to 371,000 in the week ended Jan. 5, according to Labor Department figures.

Redmond, Wash. -- Microsoft announced that J.C. Penney is rolling out Microsoft Office 365 as part of its effort to simplify and modernize technology solutions.

Newington, Conn. -- Cohen Real Estate said Thursday that it has brokered the sale of Newington Fair Shopping Center for $17.5 million to Inland Diversified Real Estate.

The property is a 100 % occupied, 187,000-sq.-ft. power center located in the community of Newington, and is anchored by a 135,000-sq.-ft. Sam’s Wholesale Club and a 52,000-sq.-ft. L.A. Fitness.

The seller is a Houston-based developer, owner and manager of single and multi-tenant retail properties.

UL has more than doubled its product testing capability by relocating to a new 48,000-sq.-ft. facility in Enfield, CT.

The company, whose ubiquitous UL trademark appears on all manner of products, said the relocation will enable it to more efficiently meet the growing demand for the company’s analytical, physical, performance and compliance testing of consumer products for retailers and manufacturers doing business in the U.S.