Allison Landa
Colliers Makes Move to Downtown Dallas
Developer Granite Properties has announced several leases totaling more than 70,000 square feet at its office tower at Park Seventeen in Uptown Dallas, including 26,874 square feet leased by Colliers International on the ninth floor.
Cushman & Wakefield Spearheads 142,500 SF Office Sale in N.J.
The two-story building is leased through 2020 by Barr Pharmaceuticals and is currently fully occupied by sublessor Medco Health Services, Inc. Completed in 1966, it sits on 35 acres and underwent an $8.5 million renovation in 2007.
Economy Watch: Spending Up, But Saving Up More
Personal income increased 0.4 percent in May compared with April, and disposable personal income–arguably the best kind, since it’s good to have some cash to go out and stimulate the economy with–was also up 0.4 percent during the month, according to the Bureau of Economic Analysis.
Hines and Partner Sell Premier Office Building in California for $103.2M
Houston-based international real estate firm Hines and Fort Worth-headquartered Crescent Real Estate Equities Co. have just sold the 271,556-square-foot office building at 2211 Michelson Drive in Irvine, Calif., to Los Angeles’s Kilroy Realty Corp.
Jason Franken on Green Building
At the BuildEx Conference in Chicago, Jason Franken, LEED-AP, shares low-cost tips for maximizing energy performance during the recession and beyond. Franken is with YRG Sustainability in Chicago.
Bernard Citron on White Roofs
Bernard Citron, Thompson Coburn L.L.P., shares “white roof” strategies.
Check Out CPE’s Latest Digital Edition
The digital edition of CPE‘s magazine is live, with interviews with Peter Roberts and Ric Campo, as well as all the news and information you need. Read more here.
FedEx Takes 146,792 SF in Houston
KDC has leased the space to the express shipping services company, which will relocate 250 employees to the 50-acre center beginning Oct. 1.
Dividend Closes on $1.3B CRE Portfolio
The properties are located in 16 U.S. markets and comprise approximately 11.3 million net rentable square feet.
Economy Watch: G20 Promises Much — Can Its Members Deliver?
If the deficit-shrinking plan promoted at the summit by Canada actually comes to pass, the most advanced of the G20 would cut their budget deficits in half by 2013.