Brokerage
CBRE Starts Rolling Out Tech/Media Practice
CBRE has begun rolling out its new nationwide Technology & Media Practice, partly in response to the strong growth of the high-tech sector within the U.S. office market.
Kingsley Associates Reports Increasing Office Tenant Satisfaction
Kingsley Associates reported that tenant satisfaction in office buildings rose nearly 2 percent to reach a three-year high, according to its second-quarter Office Industry Trends survey.
Amazon to Open Fifth California Fulfillment Center
Amazon.com Inc. will occupy a 700,000-square-foot fulfillment center in the Redlands, Calif., signing with building owner Clarion Partners.
Chip Clarke on Corporate Growth
Transwestern President/Americas Chip Clarke spoke with Commercial Property Executive during the National Association of Real Estate Editors conference in June 2014 about growth markets and tenant needs.
Rockefeller Group Acquires 236 KSF Office Portfolio in Beverly Hills
Rockefeller Group Investment Management Corp. has acquired UTA Plaza and The Ice House, a premier 236,000-square-foot portfolio on Civic Center Drive in Beverly Hills, Calif., from Tishman Speyer.
Cassidy Turley Acquires Synergy Commercial Advisors
Cassidy Turley is bolstering its presence in the Research Triangle with the acquisition of a six-year-old tenant rep firm.
Normandy Taps Transwestern to Lease 352 KSF Office Park in NJ
Normandy Real Estate Partners has hired Transwestern to be its exclusive leasing agent for Park Place, a 30-acre premier corporate office complex in Florham Park, N.J.
Technology’s Top Projects
Technology’s impact spreads to every corner of commercial real estate. From San Francisco and the Silicon Valley to Manhattan and points in between, dozens of cities are competing to join the upper tier of high-tech hubs,. The influence of the tech sector is illustrated in these recent images representing major new leases, renovations and ground-up development.. Several transactions, like Salesforce.com’s 750,000-square-foot lease in San Francisco, set new records for their markets. For further insight into how technology occupants are reshaping real estate markets, be sure to read "Tech’s Top Towns" in the August issue of CPE.
