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With 100,000 SF Lease, Architectural Gem in L.A. to be Focus of New Google Campus
The internet search engine giant will have a new campus with a fancy face, courtesy of a 100,000-square-foot office lease agreement with W.P. Carey & Co. L.L.C. — and that face has eyes.
L.A. Uses Tax Breaks to Lure Gensler
Even in a recovering office market, it is unusual for a modest-size 45,000-square-foot office lease to command the attention of a big-city mayor and other officials. That was the case in Los Angeles, however, as the mayor and other leaders publicly touted the architectural firm’s decision to relocate to the City of Angels as a vindication of its pro-business policies.
In Rare Big-Block Phoenix Office Lease, Cognizant Takes 130,700 SF
The worst may be over for the struggling Phoenix office market, where vacancy edged up only 10 basis points to 22.9 percent from the first to the fourth quarters last year.
Wisconsin Industrial Recovery Continues
A national presort services firm signed a long-term lease agreement for most of the space at 9053 N. Deerwood, a 154,400-square-foot warehouse/distribution facility within the 40-acre Brown Deer Business Park, which is owned by HSA in a joint venture with Morgan Realty Partners. The 10-building industrial and office complex sits approximately 10 miles north of downtown Milwaukee.
11 Times Square’s 400,000-SF Anchor Tenant Moves In
International law firm Proskauer Rose L.L.P. has taken space at the newly constructed 1.1 million-square-foot office and retail building developed by SJP Properties in Midtown Manhattan.
First Tenant Signs on at SoCal Spec Development
Cast & Crew Entertainment Services L.L.C. has inked a 51,064-square-foot office lease at the newly completed 2300 Empire. The office property is located in the Media Studios North/Burbank Airport submarket in Burbank, Calif.
Manhattan Scores 2010’s Biggest Office Lease
Brookfield Office Properties closed a 440,000-square-foot deal with Société Générale, which committed to relocating its U.S. headquarters to 245 Park Ave.
ProLogis Leases 449,000 SF of Distribution Space in L.A.
Port Logistics will occupy the space at Industry Distribution Center Building Six, which is located at the intersection of the 60 and 57 freeways in the City of Industry. The location is billed as strategic for distribution to Southern California and the western United States.
Nutter McClennen & Fish Signs 130,000-SF Lease Renewal in Boston
The law firm, which has been in continuous practice for 131 years, has renewed its commitment to Boston’s Seaport District.
Colliers Expansion Leads into Kansas City
Colliers International continued its 10-year growth effort with the addition of Kansas City service leader The Winbury Group.