Brokerage
TOMS Shoes Leases L.A. Building for New HQ
The progressive company, which matches each sold pair of shoes with the donation of another, has signed a lease that will facilitate its relocation to spacious quarters of nearly 70,900 square feet.
D.C. Sees 2011’s Largest Private Sector Lease
Skadden, Arps, Slate, Meagher & Flom L.L.P. recommitted to its digs in the Commercial National Bank Building and expanded its occupancy to 213,674 square feet at the 224,873-square-foot property with a new 15-year lease agreement.
Hyundai Capital Expands in SoCal
The firm has just moved into an additional 30,446 square feet of space at The Michelson, a 533,000-square-foot office tower in the city of Irvine.
Phoenix Market Perks Up with 205,100-SF Lease
The Phoenix School of Law is expanding and relocating to The Tower at One North Central in the downtown market.
JLL Inks Lease Renewal on 980 Madison Ave.
The Gagosian Gallery signed a 10-year agreement on slightly more than 50,000 square feet in the Class A office building.
IPD: U.S. Real Estate Among Top Performers
The U.S. commercial real estate industry is not only recovering, it is performing better than real estate in many other nations, according to findings presented at IPD’s conference.
New Co-Owner, New Big Lease for 1 Park Ave.
In simultaneous transactions, Vornado Realty Trust acquired a 95 percent stake in the 933,300-square-foot Midtown Manhattan office tower and a major tenant doubled its occupancy in the building under a new lease agreement.
Industrial Rebound Could Absorb 200 Million SF in 2011
Surging global trade and consumer demand are driving demand, said Colliers chief economist Ross Moore.
National Association of Realtors Forecasts More Stabilization in CRE
The organization’s latest report anticipates increasing improvement across the board for the national commercial real estate market.
Studley Expands with Acquisition of Gravitas Real Estate Resources
Studley executive vice president Thomas Bogle told CPE that several existing clients wanted the firm to meet a broader array of their needs. Gravitas provides experience in lease administration as well as a background in technology and process consulting.