Brokerage
Expansion Team: Mark Doran on Transwestern’s Growth Strategy
Insights from COO Mark Doran on the strategy behind Transwestern’s recent acquisitions the Boston and Chicago markets.
CPE 100 Quarterly Sentiment Survey: Job Market Growth to Boost Demand for Space in 2014
Half of executives surveyed say that end users will seek more space for expanded departments or geographic growth in 2014.
European Retailer Primark Signs First U.S. Lease in Boston
Dublin-based budget fashion retailer Primark has signed a long-term lease for four floors in the eight-story Burnham Building, part of the Millennium Tower development in downtown Boston.
Millennial Magnets: Top Locations
Which U.S. counties sport the highest concentrations of Millennials? The Nielsen Co. analyzed this three different ways: for householders age 20-34, those age 25-34 (which focuses attention on those more likely to have entered the workforce and attained greater earning power) and those age 25-34 with high incomes. The following charts rank the top 50 counties for each category. For a more extensive discussion of where Millennials live, how they are spending their money and how retail real estate owners can best apply this information, turn to “Millennial Magnets,” the 2014 CPE-Nielsen Special Report in the May 2014 issue of…
Tighter Markets, Rising Rents: 2014 Retail Outlook
Signs are pointing to strengthening retail markets around the country. Even locations with relatively high vacancy are expected tighten this year, according to projections from Marcus & Millichap Real Estate Investment Services Inc. To see estimated vacancy, asking rents and construction completions for more than 40 major markets, download Marcus & Millichap’s 2014 National Retail Report and turn to the table on page 32. In addition to these 2014 projections, the 64-page report includes detailed updates on the factors shaping investment prospects in each of those markets. To access the proprietary information in the 2014 National Retail Report, log in…
LinkedIn’s Lease at Tishman’s San Francisco Tower—Trend Among Tech Companies
Technology companies continue to power the hot office market in San Francisco, with LinkedIn announcing it is leasing the entire 26-story office building Tishman Speyer is constructing at 222 Second St.
Global Law Firm Leases 200 KSF at Chicago’s Willis Tower
Global law firm Seyfarth Shaw has agreed to lease about 200,000 square feet at the 110-story Willis Tower in downtown Chicago in a 15-year-deal that will boost the iconic skyscraper’s occupancy past 90 percent.
International: Prologis Japan Inks 211 KSF Lease for In-Development Osaka Facility; Receives 2 Awards
Prologis has completed a new leasing agreement for a total of 211,000 square feet of space at its Prologis Park Osaka 5. The owner, operator and developer of industrial real estate has also received two awards for its Nippon Prologis Real Estate Investment Trust.
Global Law Firm Signs 440 KSF Lease at Premier Rockefeller Center Location
Powerhouse global law firm White & Case has signed a long-term lease for 440,000 square feet at the Class A tower at 1221 Avenue of the Americas, also known as the McGraw-Hill Building, in Manhattan.
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