News
Life Sciences Remodel 2018 CRE Landscape
Strong demand drivers, rapid technological advances and plentiful capital stimulate growth in the life sciences sector, according to CBRE’s latest 2018 outlook. But the downsides of swift growth often defy expectations.
OMP Signs Torani to 327 KSF in Bay Area
The 15-year lease, valued at $65 million, will lead to the company’s relocation out of South San Francisco into a new manufacturing facility.
STORE Capital Buys AZ, CA Assets for $21M
The two properties sold by Erickson Construction feature railroad spurs and are located near major thoroughfares. The transaction involved a lease contract for STORE Capital.
Bank of America Renews Charlotte Lease
The firm will increase its office footprint to a total of 318,000 square feet in the Fifth Third Center downtown.
Jackson Walker Expands Houston Office Lease
The law firm will add 3,000 square feet to its newly renewed lease in the city’s downtown, increasing its footprint at 5 Houston Center to nearly 80,000 square feet.
Hanley Arranges Sale of CA Fitness Center
The company brokered the sale of the 31,062-square-foot space occupied by In-Shape Health Clubs. The company represented the seller, a family trust, in the transaction.
GuideStone to Relocate to Pinnacle Tower
The company has sold its current space and will move to the new office space in late summer 2018. JLL brokered both deals.
Goldman Sachs JV Nabs Dallas Office Asset
The property is a single-tenant building soon to be vacated. The new owners plan to renovate the facade and add new on-site amenities.
Glass Manufacturer to Invest $41M in TN Expansion
One of the world’s largest glass producers, AGC Group, will add 100,000 square feet to its existing church Hill facility. The investment will create 85 new jobs.
KBS Signs 18 KSF Office Lease in Denver
A financial services company has renewed and expanded its lease in Granite Tower, a Class A downtown Denver office high-rise.