Brokerage
CPE's Top 11 in '11
Taken as a whole, 2011 was something of a tumultuous year, but an interesting time for commercial real estate. CPE presents our top 11 stories from 2011.
Newmark Knight Frank to Lease, Manage 2 MSF NYC Office Portfolio
Newmark Knight Frank just added 2 million square feet of responsibilities to its plate. The real estate services firm has won a leasing and management assignment for a 19-property Manhattan office portfolio owned by The Rosen Group Inc.
CBRE Sells Jersey’s Met Center to KBS REIT Affiliate for $105M
CBRE Group Inc. has sold the 421,000-square-foot Metropolitan Center in East Rutherford, N.J. for $104.9 million to an affiliate of KBS Real Estate Investment Trust II.
Cassidy Turley to Handle 3 MSF Office Portfolio for Equity Office Properties
CRE giant Equity Office Properties has tapped Cassidy Turley to manage and/or lease an approximately 3 million-square-foot, 19-building Class A office portfolio.
Guest Column: Commercial Real Estate, 2012
Reznick Group’s Richard Hollowell warns of more rough seas ahead.
Ad Agency Y&R Signs 340 KSF Lease, Acquisition Deal at 3 Columbus Circle in NYC
Young & Rubicam has staked a claim to nearly one-half of 3 Columbus Circle, a 765,600-square-foot office tower at 1775 Broadway in Manhattan.
Shell Re-Ups, Signs "Largest Lease Transaction in the World" in Houston
In what Hines is calling the “largest lease transaction in the world in 2011,” the firm’s Houston office has re-signed Shell Oil Co. for a 1.2 million-square-foot lease.
Prologis Signs Tenant for 303 KSF at Phoenix Industrial Distribution Facility
Prologis has secured discount fashion retailer TJ Maxx as a tenant to occupy the entirety of Prologis Tolleson Distribution Center 1, a 302,600-square-foot facility in metropolitan Phoenix.
Avaya Signs 275 KSF Lease for Santa Clara Office
Harvest Properties and Prudential Real Estate Investors have snagged a tenant for nearly half of the Towers at Great America in Santa Clara, Calif., as Avaya, a global business-communications firm, has signed a lease for 275,200 square feet.
Impactful Women
Five remarkable women were awarded CREW Network’s 2011 Impact Awards. CPE offers videotaped insights and written profiles of these pioneers, negotiators and mediators — specializing in development, service and finance.