Regions
JLL Report: Most Expensive Streets 2017
Office tenants—particularly those in the financial, legal and technology industries—remain willing to dole out the big bucks for premier space on the most coveted boulevards across the country.
Brandt Group Acquires First US Manufacturing Facility
The 200,000-square-foot manufacturing facility is located in Bloomington-Normal, Ill. The property and its equipment belonged to Denmark-based Kongskilde Industries.
Children’s Hospital Expansion Set to Open in Palo Alto
Stanford Children’s Health’s pediatric hospital campus will more than double its size by adding nearly 150 beds in its latest sustainably designed building.
Economy Watch: U.S. Gains 228K Jobs in November
Office-using industries, health care and construction all posted increases as the headline unemployment rate of 4.1 percent remained unchanged.
BLT Enterprises Sells $16M OR Warehouse
The nearly 92,000-square-foot facility is leased entirely by a single tenant, FedEx Group. Marcus & Millichap represented the seller in the transaction.
ORION Facilitates Phoenix Office Property Sale
The seller, Republic West Remodeling, will continue to occupy part of the building, while the remaining space will be leased out to a new tenant.
NKF Expands Minneapolis Team
Brent Erickson and Erik Ordway have joined NKF from Cushman & Wakefield. They will be working on landlord agency and select tenant representation assignments.
AvalonBay Signs 73 KSF Lease in Arlington, VA
The final phase of the Liberty Center development, 4040 Wilson, will feature a mix of residential and office space over 22 stories. Construction will begin in early 2018 and is expected to finish in 2020.
Petrosoft Consolidates Pittsburgh HQ
The company will move its employees to a newly refurbished, 67,000-square-foot office building in Pittsburgh due to the expansion of its retail operations.
Deadline Extended: 2018 Stars to Watch Nominations
Commercial Property Executive is currently accepting nominations for our 2018 Stars to Watch feature. Submit now before it’s too late!