Allison Landa
JLL Nails Down $42M Loan for Houston Office Asset
The mortgage was procured with regard to 919 Milam, a 542,919-square-foot Class A office building in the city’s central business district.
Economy Watch: Home Prices Down, Optimism Up
Pretty much everyone expects home prices to keep falling this year. The questions now are how much and how fast.
Due This Week: Submissions for CPE’s Distinguished Achievement Awards
You’re running out of time to submit your entry for CPE’s Distinguished Achievement Awards! Recognizing the top commercial real estate deals, projects and programs of 2010, entries are due on Friday, April 29.
D.C. Sees 2011’s Largest Private Sector Lease
Skadden, Arps, Slate, Meagher & Flom L.L.P. recommitted to its digs in the Commercial National Bank Building and expanded its occupancy to 213,674 square feet at the 224,873-square-foot property with a new 15-year lease agreement.
Hyundai Capital Expands in SoCal
The firm has just moved into an additional 30,446 square feet of space at The Michelson, a 533,000-square-foot office tower in the city of Irvine.
Economy Watch: Home Sales, Japan’s Economy
New home sales inched upward by 11.1 percent in March compared with February, according to the U.S. Census Bureau and HUD. That’s an improvement, but then again February’s revised annualized rate of 270,000 units was the worst month rate since the government started tracking new home sales a half-century ago.
Phoenix Market Perks Up with 205,100-SF Lease
The Phoenix School of Law is expanding and relocating to The Tower at One North Central in the downtown market.
Economy Watch: Consumer Confidence, Wal-Mart Sales
Consumer confidence might have shown a small uptick during the last month according to some surveys, but ask consumers a different question–is the economy going in the right direction?–and a different answer emerges.
Panasonic to Move to Newark
The electronic products provider will occupy 250,000 square feet at the new tower at an initial estimated cost of $44 per square foot under a 15-year lease agreement.
Madison Gets 50 Percent Interest in Retail Center
Bridgeport Marketplace, a 126,769-square-foot, mixed-use asset, is located in the Southern California city of Valencia.