Brokerage
Fifth Third Bank Signs 62 KSF Lease in Downtown Detroit
Downtown Detroit’s office market gets a big shot in the arm with Fifth Third Bank Eastern Michigan’s commitment to relocating its headquarters from the ‘burbs’ to 62,000 square feet of space at the landmark One Woodward Ave. office building.
Cresa Brings Travers Realty into the Fold, Boosts Southern California Footprint
Travers Realty Corp. has merged with the Southern California offices of Boston-based Cresa to form a powerhouse tenant representation firm with nearly 150 local employees and more than 1,000 internationally.
Greenbuild Special Report: Finding the Value of Healthy Buildings
Much like when the green building movement that first hit CRE at the turn of the millennia, we are currently sitting at the starting line for a new era of change. This time the target is not the building, but rather its users.
NGKF Tapped to Lead Retail Leasing at NYC’s Grand Central Terminal
Newmark Grubb Knight Frank has won one of the most coveted retail leasing assignments at one of the best-known sites in the country: Grand Central Terminal.
Transwestern to Lease 1.5 MSF Office Park in Houston to Signorelli
Transwestern will be the exclusive leasing agent for Valley Ranch Commerce District, a new office park to be developed in the Houston area.
Hilton Sells Waldorf Astoria NY for $1.95B
Anbang Insurance Group Co. Ltd. has acquired the historic Waldorf Astoria New York from Hilton Worldwide Holdings Inc. for $1.95 billion, although the U.S.-based hotel chain will continue to operate the property for the next century.
C&W Inks Deal with Microsoft for Manhattan Flagship Store
The Microsoft Corp. has agreed to sign a lease for a flagship store at 677 Fifth Ave. in Manhattan, occupying the entire ground through fourth floors and a portion of the lower level of the building.
Executive Spotlight: Jim Postell, Transwestern
Jim Postell built two regional commercial real estate offices from the ground up in his home state of New Jersey, the first for Trammell Crow Co. and the second for Transwestern. That office was recently recognized as New Jersey’s “Best Place to Work” by NJBIZ.
JPI Opens 360-Unit Suburban Dallas M-F Property for Leasing
The JPI/TDI Real Estate family of companies is feeding the apartment-hungry metropolitan Dallas market with the commencement of leasing at the 360-unit luxury multi-family community One of Jefferson Center in Richardson, Texas.