Regions
How to Ensure Your Retail Property Thrives During a Transformation
You can still attract foot traffic and drive sales to your center’s merchants while reinventing to respond to changing consumer preferences.
NorthMarq Names DC Managing Director
Jason Smith has been with the company since 2003. Prior to this, he has worked at Legg Mason Real Estate Services.
Sitex Group Acquires NJ Industrial Facility
A private investor sold the 100,000-square-foot Carlstadt property. The transaction marks the buyer’s third recent acquisition in the area.
Transwestern Adds New SVP in NJ
Robert Vicci brings more than 30 years of commercial real estate experience to this position. He will handle property management operations for the firm’s Northeast portfolio.
Transwestern Names New Regional Presidents
Bruce Ford will lead the firm’s eastern operations, while Chip Clarke will be in charge of the commercial services business in the western U.S.
San Jose Office Asset Commands $63M
The Muller Co. teamed up with CIGNA Investment Management to purchase the 104,000-square-foot Century Plaza. Cushman & Wakefield negotiated the deal.
Sumitomo Buys $144M Minneapolis Office Asset
With the acquisition of SPS Tower, a 655,000-square-foot property in the central business district, the company marks its debut in the city.
Purple USA Relocates, Signs New Manhattan Lease
The lifestyle communications and public relations agency will occupy the entire 13th floor of GFP Real Estate’s Chelsea building.
Invesco, SteelWave Kick Off $200M OC Project
Dubbed The Press as an homage to its former use as a printing press warehouse, the mixed-use development will encompass 420,000 square feet of office space and retail.
Lehigh Valley Among Top Emerging Industrial Markets
The Pennsylvania region had positive absorption for the sixth consecutive year and kept the vacancy rate below 5 percent, despite an aggressive inventory expansion, according to a Colliers International report.