Brokerage
Cole Spends $53M on New Jersey Office Building
Cole Real Estate Investments has made another addition to its portfolio in the New Jersey area, this time picking up a 176,000-square foot, Class A office building for $53 million from The Hampshire Cos.
Excel Trust Acquires La Costa Towne Center
By Gabriel Circiog, Associate Editor The retail-focused REIT Excel Trust has acquired La Costa Towne Centre, a retail shopping center in Carlsbad, for approximately $23.5 million. Located at 7710-7770 El Camino Real, the property has around 121,000 square feet of gross leasable space and is anchored by Vons, a division of Safeway. Although the lease […]
Roeland Park and Mission in Conflict Over Walmart Location
By Gabriel Circiog, Associate Editor While the border war between Kansas and Missouri saw a breakthrough as the two joined forces to keep the Marine Data Center from relocating to New Orleans, the Kansas City Star now reports Roeland Park is accusing its neighbor Mission of poaching its biggest retailer, Walmart, in order to kick-start […]
Colliers Signs Chicago’s Largest Industrial Lease of 2012
Clarion Partners, working through Colliers International’s industrial advisory group, has signed a 492,866-square-foot lease with tenant Wilton Industries, marking the largest industrial lease in the Chicagoland area this year.
BioMed Realty Trust Signs Biotech Firm to 220 KSF Lease in San Francisco
BioMed Realty Trust Inc. is not naming names, but the REIT just landed a big fish at its 1.4 million-square-foot Pacific Research Center in Newark, Calif. A private biotech company has signed a long-term lease for 220,000 square feet at the sprawling campus in San Francisco’s East Bay submarket.
CBRE to Market, Lease Next Phase of $631M Hong Kong Science Park
The Hong Kong Science and Technology Parks Corp. has appointed CBRE Group Inc. as the strategic marketing and leasing consultant for the $631 million Phase III of the Hong Kong Science Park.
Streets of Woodfield to Be Sold by Kimco Realty Corp.
By Gabriel Circiog, Associate Editor The Streets of Woodfield, a 713,000-square-foot outdoor mall located in Schaumburg, is being sold by Kimco Realty Corp., ChicagoRealEstateDaily.com reports. Arrow Retail, a Dallas investment firm, has agreed to buy the property located at 601 N. Martingale Rd. Although the agreed price is not yet known, another investor had signed […]
NKF Nabs Contract to Lease Boston's Faneuil Hall
Ashkenazy Acquisition Corp., the manager of Boston’s Faneuil Hall Marketplace, has awarded Newmark Knight Frank the contract for office-positioning and leasing responsibilities for the city landmark.
Mid-City L.A. Shopping Center Completes Construction
Developer CIM Group has completed construction of the 330,000-square-foot Midtown Crossing retail center in Mid-City Los Angeles, which targets the more than 1.3 million residents within a five-mile radius.
Macy's Signs 243 KSF Office Lease in San Francisco
Macys.com, the e-commerce-division of Macy’s Inc. department store, has just signed a lease with a joint venture involving TMG Partners and Rockwood Capital to occupy 242,600 square feet at 680 Folsom St. in San Francisco.