Business Specialties
Express Picks Flagship Locations on Two Coasts
The apparel retailer has leased 30,000 square feet in Manhattan’s Times Square and a 16,000-square-foot store in San Francisco’s Union Square.
Genomics Firm Leases 170 KSF in Manhattan
Owner Edward J. Minskoff Equities Inc. will create a $47 million building within a building for the New York Genome Center at 101 Avenue of the Americas.
Foreign Capital, Robust Demand Drive Industrial Growth: Jones Lang LaSalle
Other key factors are global supply chain trends, worldwide growth of e-commerce and solid infrastructure, a study contends.
Launch Planned for $65M Miamisburg Business Park
By Adrian Maties, Associate Editor According to a recent report from Cassidy Turley, the office vacancy rate in the Dayton area dropped from 27.8% at the end of 2011 to 26.1% in the first half of 2012. While the improvement from quarter to quarter is relatively modest, the trend is good news for Mark Fornes […]
Federal Capital Partners Closes CRE Fund with $1.5B in Buying Power
Opportunities in the multi-family, office, retail and industrial sectors will be the focus of Fund II, which, when leveraged, will allow for a total of approximately $1.5 billion of investments.
Simon Redeems LP Interests from J. C. Penney for $248M
Simon Property Group redeemed two million units of limited partnership interest in its operating partnership subsidiary, Simon Property Group L.P., from J. C. Penney Co. Inc.
Fallon, Drew Move Ahead on Big Boston Residential Projects
Developers like The Drew Co. and The Fallon Co. are taking note as demand for apartments in Boston continues to soar and the call for condominiums is on the upswing.
Silicon Valley Corporate HQ Fetches $180M for Tech Firm
Gilead Sciences Inc., a biopharmaceutical company, is buying the 300,000-square-foot headquarters of Electronics For Imaging Inc. in Foster City, Calif.
Equity International Sells Stake in Brazilian Holding Company
Chicago-based Equity International is focusing its South American investment strategy on multiple asset categories in Brazil and Colombia.
Hudson Pacific Snags 125 KSF Tenant for Southern California Office Property
Hudson Pacific has staved off a potentially sizable gap in its tenant roster at City Plaza in Orange, Calif., courtesy of a new lease agreement with CashCall Inc.