Brokerage
What’s Next for Emerging Tech Hubs?
Tech companies seeking new office locations should look for “hidden gems”—markets of opportunity with lower costs and a large talent pool, according to JLL’s latest report.
The World’s Priciest Office Markets
CBRE’s annual office occupancy costs report highlights the strengths of gateway cities around the globe, including 12 in the U.S. that were among the 50 most expensive markets.
LA Job Growth Spurs Leasing Surge
Los Angeles-based up-and-coming tech, engineering and financial firms drive the continued demand for office space, while development and leasing remain robust.
Ashford Prime Extends Ground Lease for San Diego Hilton
The company has extended the lease at the 394-key property by 24 years, with a new expiration date in 2067. The agreement also provides for a further extension opportunity.
$100M Retail Rebranding Brings Dave & Buster’s to SLC
The dining chain will open its first Utah location in March 2018, in The Gateway, a 623,205-square-foot open-air retail and entertainment center that is currently undergoing a major redevelopment.
NAI Miami Secures Lease at Pinecrest Village Plaza
Edward Schmidt and Timothy Merriman represented the landlord in the lease negotiations. The new space provides the tenant with a new open showroom.
Transwestern Tapped to Lease Chicago’s Mural Park
The two 100,000-square-foot loft buildings are being redeveloped into a mixed-use project that will include office, light manufacturing and retail space.
DC Area Office Park Lands New Leases
CliftonLarsonAllen and the Transit Employees Federal Credit Union inked two leases totaling 22,000 square feet of office space at the six-building Capital Office Park in Greenbelt, Md.
Florida 645 KSF Office Park Welcomes New Tenants
Two wireless companies will occupy approximately 40,000 square feet of office space at Sawgrass Technology Park in Sunrise, Fla. The asset is currently 36.6 percent vacant.
CBRE Leases Entire San Leandro Industrial Development
Wayfair and CEVA Freight have inked leases for the 163,000-square-foot property before its completion, as CBRE research points to a high demand for 32-foot clear height and ESFR sprinkler systems.