Regions
Self Storage Rents Fall, Inventory Increases
New projects coming online have continued to put pressure on self storage rents, which have dropped by 4.9 percent nationally.
Landlord-Managed Coworking Spaces: The Next Big Thing?
George Vogelei, executive vice president at Transwestern, reveals the reasons behind the rise of owner-managed shared space and also touches on the challenges of this strategy.
Irvine Names Senior Leasing Manager for Chicago Portfolio
Maggie Brophy previously served as leasing director with the Telos Group, where she oversaw the $600 million redevelopment of Willis Tower.
Regional FBI Office in St. Louis Trades
Developed as a build-to-suit in 1998, the 89,564 square-foot property changed hands for $21 million. The current lease expires in nine years.
Zeller Realty Closes Chicago-Area Lease Renewal, Expansion
Byline Bank has signed for 34,200 square feet at Woodfield Preserve Office Center in Schaumburg, with Tenant Advisors working on the bank’s behalf.
Xenia Acquires $170M SoCal Hyatt Resort
Situated close to San Diego, the 327-key property includes 43 suites, a 15,000-square-foot spa, an 18-hole golf course and six tennis courts.
Digital Realty Expands Sydney Data Center Campus
The company’s newest campus will complement adjacent facilities. Digital Realty plans to have at least six facilities in the metro by 2020, all interconnected by dark fiber.
JLL Corporate Solutions to Appoint Americas CEO
Sanjay Rishi, a former IBM executive, will step in for John Forrest, who has held a dual role but will now serve as Global CEO for Corporate Solutions.
Rosenthal Properties Buys Suburban MD Warehouse
The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.
USGBC Launches LEED Zero Program
The new program is aimed at projects that are LEED-certified and provide 12 months of performance data across four categories.