Corporate Real Estate
Nidec Shimpo Sells Itasca HQ
NAI Hiffman represented the company, a supplier of drive technology and gearing solutions, in the sale of its 24,428-square-foot building located in Itasca, Ill.
Conor Commercial Completes New HQ for AMS Systems
The 145,200-square-foot building is part of the Union Pointe business park in Woodridge, Ill., and features a two-story, 31,000-square-foot corporate office component.
Best Western Brand Tapped for Stratosphere, Aquarius Resorts
American Casino and Entertainment Properties chose Best Western’s BW Premier collection for the properties, which include Las Vegas’ tallest structure and a 1,906-key resort in Laughlin, Nev.
NAR Promotes New CEO
Current Senior Vice President Bob Goldberg succeeds Dale Stinton, who is retiring after having served as CEO for 12 years.
JLL Inks Lease at Houston-Area Development
JLL’s David Bale and Eugene Terry represented the tenant in the lease negotiations, which will occupy the entire second floor of Building 4 at Grandway West.
Camel Energy Enters Ann Arbor, Plans to Invest $5M
The battery manufacturer plans to base its research and development headquarters in Pittsfield, Mich., with help from Ann Arbor SPARK and the Michigan Economic Development Corp.
Mizuho Consolidates NYC Offices on Avenue of the Americas
The Japanese bank will relocate its U.S. headquarters to the Rockefeller Group’s recently redeveloped 1271 Avenue of the Americas in Manhattan. The firm plans to occupy 148,000 square feet on the building’s below-grade, second and third floors.
NAI Hiffman Brokers Illinois Office Sale
Heidner Property Inc. bought the 37,500-square-foot property in Hoffman Estates, Ill., for $3.2 million and will relocate to the new address from Glendale Heights, Ill.
CBRE to Buy Majority Stake in Caledon
Caledon manages some $7 billion of assets for institutional investors through a combination of direct investments and primary funds. Closing is expected to occur later this year, subject to regulatory approval and other customary closing conditions.
Amazon Web Services Creates 1.5K Jobs in VA
The cloud services division of Amazon.com will take over the 406,855-square-foot Class A building at 13200 Woodland Park Road in Herndon, Va. One Dulles Tower features 406,855 square feet of office, 3,500 square feet of retail and a 10,000-square-foot data center.