Corporate Real Estate
Cinemex Dine-In Cinema Inks Lease for its U.S. Debut at Miami’s $1B Brickell Centre Project
Hong Kong-headquartered Swire Properties Inc. recently completed a lease agreement with Cinemex, a Mexico-based dine-in movie cinema chain.
Hudson’s Bay to Open Saks Store, Lease 400 KSF of Office Space, in Lower Manhattan
Hudson’s Bay Co. will open a three-level, 85,000-square-foot Saks Fifth Avenue store that will anchor Brookfield Place in Downtown Manhattan.
Ross Stores Buys 1372 Broadway from Starwood Capital
The off-price apparel retailer acquired the leasehold interest in the 572,000-square-foot office building in Midtown Manhattan.
INTERNATIONAL: Amazon to Open 431,000-SF London Office in 2017
Amazon Inc. recently announced plans to depart its U.K. base of 16 years in Slough, Berkshire, and move to a brand-new office in east London in 2017.
INTERNATIONAL: W.P. Carey Completes Sale-Leaseback with Nokia in Poland
In a sale-leaseback deal with Nokia Solutions and Networks, W.P. Carey Inc. has acquired an office/R&D facility in Poland on behalf of one of its non-traded REIT affiliates.
Barclays Picks Metro Dallas Office Park for U.S. Tech Center
In a milestone for a major master-planned community, Barclays Bank has taken 40,000 square feet of Class A space for its U.S. technology center at Craig Ranch in McKinney, Texas.
Hines Acquires 400 KSF Chesapeake Plaza in Fort Worth
Hines’ acquisition of Chesapeake Plaza gives the Houston-based real estate giant its first property in Fort Worth, Texas.
Chip Clarke on Corporate Growth
Transwestern President/Americas Chip Clarke spoke with Commercial Property Executive during the National Association of Real Estate Editors conference in June 2014 about growth markets and tenant needs.
W.P. Carey Buys Corporate HQ Property in Norway for $114M
In its second acquisition in Norway this year, W.P. Carey Inc. has added the 275,600-square-foot headquarters of Total E&P Norge AS to its portfolio.
New York REIT to Acquire Twitter HQs in Manhattan for $335M
New York REIT Inc. has entered into a purchase and sale agreement to acquire Twitter’s 282,000-square-foot East Coast headquarters in Manhattan for a reported $335 million from Savanna.