Brokerage
JLL: Leasing Activity Between Recession and Recovery
At the intersection of recession and recovery is where we lie right now. That was the theme of a webcast presented by Jones Lang LaSalle.
Beige Book: Upswing in Retail and Industrial, Improvements in Lending
When Jones Lang LaSalle released its Beige Book business survey this month, parts of the report were rosy with optimism.
Peerless Signs 308,000-SF Industrial Lease to Consolidate and Expand Suburban Chicago HQ
With rent prices down and landlords doling out concessions, now is a wise time to literally make a move, and Peerless Industries Inc. is doing just that.
SL Green Lands 113,000-SF Lease at Manhattan Office Building
Those big 100-plus-square-foot office leases that all but disappeared a year ago are slowly but surely beginning to pop up again.
Green Seeks to Expand JLL’s Leasing Initiatives
Jones Lang LaSalle’s New York office has tapped Gregory Green as president of its National Agency Leasing Group.
Transition Year
The office vacancy rate is nearing its peak for this cycle, but the market will remain soft in 2010, according to Josh Scoville, director of strategic research for PPR, a CoStar Group company.
Storied Trump Building Leases 268,329 SF in Less Than a Year
The Trump Organization seems to have made the cut with regard to its Trump Building on Wall Street. The company has sewn up leases for 268,329 square feet in less than a year – the most, they say, of any single downtown building.
MB Real Estate Represents Regus in 29,519 SF Deal at Chicago’s Block 37
MB Real Estate said earlier this month that it represented workplace solutions company Regus in a 29,517 square-foot lease at 22 West Washington in Chicago.
Brookfield Snaps Up 2.9M-SF JPMorgan Chase Office Portfolio in $200M Deal
Talk about the deal of all deals. Toronto, Ont.-headquartered Brookfield Real Estate Opportunity Fund has just closed the purchase of a 2.9 million-square-foot U.S. office portfolio from New York City-based JPMorgan Chase in a quasi sale-leaseback transaction for –according to the Wall Street Journal — $200 million.
One Hudson Square to Welcome New 115,000-SF Tenant
With anemic occupancy levels still plaguing Manhattan, Horizon Media Inc.’s lease of 115,000 square feet of office space in the million-square-foot building at One Hudson Square in Midtown South is no small affair.