Regions
Forest City JV Buys $300M Stake in Cambridge Assets
The properties include 486,000 square feet of predominantly life sciences office space, in addition to a parking facility and commercial space.
JPA Management Sells Maine Shopping Center
Falmouth Shopping Center is currently 89 percent leased to anchor-tenant Shaw’s Supermarket, as well as Goodwill, Bank of America, Ocean State Job Lot and Sullivan Tire.
TCN Worldwide Names New Regional VP
Paul Licausi holds more than 30 years of experience in the industry and will oversee the company’s central regional operations.
Savills Studley Office Report: Shifting Concessions
Per the firm’s 2018 Effective Rent Index, rates continue to increase and concessions remain on the downswing in tech-centric cities, while markets dependent on traditional users experience the opposite.
Levin Management Hires New VP of Construction
Maxim Gagneron, who brings more than 15 years of related experience to his new position, will oversee all development activities within the company’s 100-property portfolio.
Rebranded Hilton Resort Opens in Santa Barbara
The newly renovated beachfront property located within walking distance of downtown is the brand’s first such location on California’s central coast.
SL Green Signs 2nd Law Firm to One Vanderbilt in Manhattan
McDermott Will & Emery LLP will be leasing floors 44 through 46 and floor 67 at the 58-story, 1.7 million-square-foot trophy tower.
Franklin Partners, Bixby Bridge Acquire IL Office Asset
Wright Heerema Architects will lead the renovation work at 263 Shuman Blvd. in Naperville, as the owners plan to turn the former OfficeMax headquarters into a multi-tenant building.
Cushman & Wakefield Negotiates Chicago Lease for Publicis
The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.
Skanska to Build Industrial Facility in Poland
The Sweden-based construction company is set to break ground on a new property for Johnson Matthey this summer and expects to deliver it in the second half of 2018.