Regions
JLL Completes Two Downtown LA Leases Totaling 69,000 SF
Murchison & Cumming, L.L.P. has signed a 10-year, 42,162-square-foot lease renewal at 801 South Grand Ave., while Ogletree Deakins Nash Smoak & Stewart, P,C. has signed a 10-year, 26,924-square-foot lease at the Mellon Bank Center at 400 South Hope Ave.
Skanska Tapped for $115M Seattle Road Construction
The Swedish development and construction firm will build the $115 million Alaskan Way Viaduct in Seattle, a 0.8-mile stretch on the southern section of the Alaskan Way on the State Route 99 bypass in downtown Seattle.
Turner Tapped for $31M Renovation of Portland’s PGE Park
The company will be responsible for overseeing the construction of a training facility, club seating with a full-service restaurant, grandstands with concessions, a roof structure to cover the stands and a new playing field.
Forest City Ratner Solidifies $200M Partnership with Russian Investor for Atlantic Yards Project in Brooklyn
Forest City Ratner has just finalized a $200 million strategic partnership agreement with Moscow, Russia-based private investment fund Onexim Group–the holding company of billionaire Russian Mikhail Prokhorov–that has given Forest City Ratner’s Barclays Center arena project at the $5 billion Atlantic Yards mixed-use development in Brooklyn a financial boost.
AMB Leases 234,600 SF to UMA Enterprises
Owner, operator and developer of global industrial real estate AMB Property Corporation has leased 234,600 square feet to UMA Enterprises, a home-furnishings importer and wholesaler.
Dollar Tree Continues Southern California Expansion
Dollar Tree Stores Inc. continues to spread its wings in Southern California with the inking of six new leases.
$190M Mixed-Use Residential Project to Be Tallest Building in Newark, N.J.
In an effort to further the revitalization of downtown Newark, N.J., a partnership involving Dranoff Properties, the New Jersey Performing Arts Center (NJPAC) and the city of Newark have revealed plans for the development of One Theater Square, a $190 million mixed-use residential project.
IKEA Enters Colorado with Groundbreaking on 415,000-SF Denver-Area Store
There are signs of life in Denver’s retail market and Swedish affordable home furnishings retailer IKEA is expected to further improve conditions as it breaks ground on a 415,000-square-foot store in Centennial, Colo.
Perkins+Will Tapped as Master Planner for Walter Reed Campus
Global interdisciplinary design firm Perkins+Will has been selected as the master planner for the 62-acre Walter Reed Army Medical Center Campus.
With Receiver at the Helm, Construction Resumes on $180M D.C. Office Project
Less than a year after Rockville, Md.-based developer Opus East L.L.C’s bankruptcy filing put the brakes on construction of the 400,000-square-foot office building at 1015 Half Street in Washington, D.C., San Diego-headquartered court-appointed receiver Douglas Wilson Companies (DWC) has gotten the approximately $180 million project million project back on track.