Brokerage
CHRISTUS Health, Auto Parts Distribution Land Major Leases
By Camelia Bulea, Associate Editor CHRISTUS Health has chosen a new headquarters in the Las Colinas business park in Irving, where the company will move its 1,000 employees starting this summer. The 210,000 square feet of office space, called One Macarthur Ridge, is considered to be the perfect facility for the company, meeting its layout, […]
Seaport Square Adds $5 M Innovation Center
By Veronica Grecu, Associate Editor A $5 million plan for a new “Innovation Center” at the South Boston Waterfront that would provide low-cost meeting space for start-up businesses and support the high-tech industry was revealed last week by Mayor Thomas Menino. Designed by architecture firm Hacin + Associates Inc, the one-story structure will include 9,000 […]
Boston's New Longwood Life-Sciences Building Leases 154 KSF
Courtesy of a many-layered deal involving multiple joint-venture partners, Boston’s Longwood area will see the construction of a 413,536-square-foot life-sciences center — and Dana-Farber Cancer Institute has inked a 154,000-square-foot lease in the property.
Wheeler to Run JLL's Lower Manhattan Office
Jones Lang LaSalle Inc. sees big prospects blossoming in Lower Manhattan, and the commercial real estate services firm has just assigned managing director John Wheeler, a longtime JLL employee with nearly three decades of experience, the task of spearheading the office’s increasing penetration of the submarket.
GrubHub Signs 60 KSF Chicago Office Lease
Looking to expand its space along with its increasing success, GrubHub has signed a lease for nearly 59,500 square feet of office space at Burnham Center, Harbor Group International’s historic 580,000-square-foot high-rise in downtown Chicago’s Central Loop submarket.
Glimcher Plans to Acquire Blackstone's Interest in 1 MSF Hawaii Retail Center
In a transaction valued at approximately $289.4 million, Glimcher is looking to acquire the 80 percent indirect interest in Pearlridge Center, a 1 million-square-foot shopping mall in the community of Aiea, in metropolitan Honolulu.
Regency Centers Begins Construction on 109 KSF Retail Property Near L.A.
Marking its second California development project of the year, Regency Centers has commenced construction on South Bay Village, a 109,300-square-foot neighborhood shopping center in Torrance, 19 miles outside of downtown Los Angeles. The retail property developer will invest $30 million in the project.
Invesco, Penzance JV on 280 KSF Mixed-Use D.C. Project
Invesco Real Estate and Penzance have made it official. The two companies just announced the establishment of their joint venture for the development of 3001-3003 Washington Blvd., a 280,000-square-foot mixed-use project in Arlington, Va., just outside of Washington, D.C.
Prologis Signs 270 KSF Industrial Lease in L.A.
With the signing of a 270,764-square-foot lease in Carson, Calif., Prologis has now fully leased the Prologis South Bay Distribution Center to 3PL Global L.L.C., a third-party logistics provider. The building, which is LEED Silver certified, is located near the Ports of Los Angeles and Long Beach.
Research Firm CNA Inks 173 KSF Lease in Arlington
Construction has not yet commenced on the 200,000-square-foot office building at 3001 Washington Blvd. in Arlington, Va., but it’s already near maximum occupancy, courtesy of a 173,000-square-foot commitment from CNA.