Brokerage
Duke Makes Big Strides at Lehigh Valley Park
Lehigh Valley in Pennsylvania continues to attract industrial tenants, as Duke Realty Corp. leased its recently delivered warehouse and started construction of a new industrial property in the same logistics park.
Chesapeake Inks 165 KSF MD Industrial Lease
Johns Hopkins Health System will occupy 40 percent of the 413,000-square-foot building currently rising within Baltimore’s Port 95 Industrial Park.
BGL Expands SoCal Presence
Joshua Rees joins the firm’s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.
Transwestern Tapped for Leasing, PM Services of MD Asset
Owned by DSC Partners, 77 Upper Rock is completely vacant and immediately available for occupancy. An upcoming renovation will soon add a fitness center and conference rooms, among other amenities.
Savills Studley Negotiates Office Expansions in Chicago
The company closed on two leases for Ryan Specialty Group and one of its subsidiaries, RT Specialty. The offices are located at Two Prudential Plaza and 500 W. Monroe.
Chicago Freezer Facility Lands New Tenants
Frozen Assets Cold Storage will occupy more than 50 percent of Bridge Point Northlake, a cold storage facility in Northlake, Ill. The lease was brokered by Bridge Development Partners.
Shea Nabs 7 Leases at San Diego’s Mercado del Barrio
The new leases totaling 15,600 square feet bring the occupancy of the retail section of the project to 93 percent. The $80 million development was created in 2013 to help revitalize and preserve Barrio Logan’s cultural legacy.
Furniture Company Leases 47 KSF in Suburban NJ
In a deal brokered by NAI James E. Hanson, GBK Group Inc. expanded its warehousing and distribution business by occupying space at a retail and industrial/flex building in Fairview, N.J.
Appetite for Restaurants Stays Healthy, Despite Volatility
Notwithstanding some hiccups, like declining revenue in the fast-food sector, the market for net-leased eateries has never been stronger, Matthew Berres and Scott Bailey of JLL explain.
NKF Adds Net-Lease Vets to Team
The company has appointed Ken Hedrick as executive managing director, while Jerry Hopkins and Andrew Ragsdale will become senior managing directors.