News

ADT Stays Put in Boca Raton with New 171,500-SF Headquarters Office Lease

With ADT’s signing of a long-term lease with Boca Yamato, the world’s largest provider of commercial and residential security services has paved the way for an expansion and relocation from its current digs at One Town Center Road.

Boston Properties to Buy Suburban Boston’s 1M-SF Bay Colony Corporate Center for a Song

The REIT entered into an agreement to purchase the premier office property for a sum that, when compared to the $366 million Bay Colony fetched in 2007, can be described as pocket change.

Economy Watch: Wal-Mart Seeks South African Expansion

The retail giant wants to buy South African-based Massmart Holdings, a retail leader in that country, and has offered $4.6 billion for that purpose.

Nugent Joins JLL as Senior Vice President in Orange County

Jones Lang LaSalle continues to expand its Orange County office.

Legg Mason Building to Get New Name

As part of the lease agreement, the 35-story high-rise once known as the Legg Mason Building will be branded the Transamerica Tower.

Check Out CPE’s October Edition

The digital edition of CPE’s magazine is here, featuring interviews with Howard Michaels and Matt Khourie, along with all the up-to-date news and information you need. To read more, click here.

MoneyGram Inks 45,000 SF Lease in Dallas’ Harwood District

Firm official say the location is well suited as it continues to grow.

Economy Watch: August New Home Sales Unchanged

For new home sales in August, it was more of the same. The annualized rate was unchanged from a sickly July rate of about 288,000, according to the U.S. Department of Commerce.

Actus Moves Forward with $600M Second Phase of Army Lodging Privatization Program

Phase two of the behemoth undertaking encompasses an aggregate 5,000 rooms at 11 installations.

Luxon Joins TRECAP as Chief Investment Officer

Luxon brings more than a decade of experience with him.