Business Specialties
How Sears’ Bankruptcy Filing Will Influence Retail
While some malls may be hit hard, others will look to redevelop the anchor spaces with different uses, such as apartments, hotels, restaurants, offices and entertainment offerings.
Fisher Brothers Inks Long-Term Park Avenue Lease
One William Street Capital Management will occupy the LEED Gold-certified building’s entire 25th floor, joining tenants such as Capital One, UBS and GoldPoint Partners.
Ivanhoé, CapRock Develop Major Inland Empire Industrial Project
The partnership has broken ground on Colony Commerce Center, a 3 million-square-foot logistics complex. Phase one is slated for delivery next year.
High-End Airport Hotel Bridges the Gap
Connected to Minneapolis-St. Paul International Airport via a skybridge, the 291-key InterContinental includes a spa, three restaurants and 30,000 square feet of event space.
Bixby Land Co. Sells San Diego Creative Office Park
The property known as The Oberlin traded for $20.4 million and encompasses more than 62,000 square feet in the city’s Sorrento Mesa submarket.
Artificial Intelligence’s Impact on CRE
The technological advance is rapidly growing within the industry, but there are some concerns within the corporate space, according to a panel at CoreNet Global’s 2018 Summit in Boston.
Assurance to Relocate HQ to Schaumburg, IL
The company leased 75,000 square feet of office space at one of Zeller Realty Group’s Woodfield Preserve Office Center. Jesse Van Dyke of JLL represented the tenant in the transaction.
Skanska Signs BP to Houston Office Complex
The energy giant’s BP Lower 48 affiliate will occupy 91,000 square feet at West Memorial Place, a LEED Platinum campus in the Energy Corridor submarket.
Newmark Knight Frank Brokers Major Williamsburg Lease
Cornell Realty Group signed a 40,500-square-foot lease at a former industrial building. The five-story property will be redeveloped to include a new facade and modernized lobby and elevators.
Montecito Medical Enters Minnesota Office Market
The company acquired a Class A medical office building in Willmar. Fischer Laser Eye Center and Janning Ear, Nose and Throat Center are the property’s two tenants.