Business Specialties
Colliers Makes Move to Downtown Dallas
Developer Granite Properties has announced several leases totaling more than 70,000 square feet at its office tower at Park Seventeen in Uptown Dallas, including 26,874 square feet leased by Colliers International on the ninth floor.
FedEx Takes 146,792 SF in Houston
KDC has leased the space to the express shipping services company, which will relocate 250 employees to the 50-acre center beginning Oct. 1.
VA Breaks Ground on New Orleans Hospital Designed for Future Katrinas
Five years after Hurricane Katrina, New Orleans is still reeling from the devastation wrought by the disaster, but a massive federal project aims to make a major contribution to the recovery.
As New Pools Emerge, High Rate of Special Servicing Marks Maturing CMBS: Fitch
One-fifth of the CMBS loans scheduled to mature during the second half of 2010 are in special servicing, according to a mid-year analysis by Fitch Ratings.
Capital Idea: Northwestern Mutual Cinches $305M D.C. Office Deal
For the second time this week, a big institutional investor snaps up a prime office property in Washington, D.C.
In $180M Deal, TIAA-CREF Takes Washington’s Evening Star Building
TIAA-CREF closed Wednesday on the $180 million acquisition of Washington, D.C.’s venerable Evening Star building.
Pfizer’s 700,000-SF Space Floats General Dynamics’ Boat
General Dynamics’ fast-growing Electric Boat divison snapped up a 700,000-square-foot compound in New London, Conn., that Pfizer Inc. is departing.
JLL Nails Down 64,821 SF Lease in NYC for Piper Jaffray
Piper Jaffray will occupy the entire twelfth floor of the building as well as a portion of the eleventh floor, consolidating its operations from two separate Manhattan sites.
PriceWaterhouseCoopers: Investors Want High Quality Assets But Pickings are Slim
The money is out there, but it doesn’t have a lot of places to go.
New and Old Alliances Lead ProLogis to $225.5M in Financing for European Property Fund
In a frosty lending climate, friendships can make the difference.