CBRE
BLT Enterprises Inks 3 SoCal Leases
Enterprise Rent-a-Car, NN Inc. and United Rentals Realty have signed industrial leases totaling more than 100,000 square feet in Irvine and Santa Monica.
Economy Watch: Most CRE Sectors to Perform Well in 2018
CBRE’s annual U.S. real estate report revealed a largely positive outlook for the major property types this year.
CBRE Closes Sale of 51 KSF Retail Asset in CT
The 50,800-square-foot grocery-anchored property is located halfway between Westport and Fairfield town centers and is currently 95 percent leased.
JV Acquires 85-Acre IL Land Parcel
Formerly known as Busse Farm, the land will be used for the development of Elk Grove Technology Park, a 1.2 million-square-foot industrial and data center property.
Economy Watch: CBRE Predicts Slower Office Market Growth in 2018
An influx of new supply and the tight labor market’s impact on tenant demand will drive the slower pace of growth in the U.S. office sector this year, according to CBRE’s latest real estate market outlook.
Hock Plaza in Durham Fetches $142M
The medical and educational office building is home to 34 different Duke University institutes and research functions, including the Center for Autism and Brain Development.
CBRE to Lease Upgraded Miami Office Building
The team of Maggie Kurtz, Diana Parker, Kevin Gonzalez and Jason Krieger will lead marketing efforts at 777 Brickell on behalf of the landlord, Alliance RE Holding.
NAI Hiffman Closes 3 Chicago-Area Office Transactions
The deals include two leases and one sale in Chicago’s East-West corridor, totaling more than 100,000 square feet in three different suburbs.
CBRE Bolsters South Carolina VAS Team
Curt McCall will lead the firm’s Valuation & Advisory Services team in Charleston, S.C., along with Chase Jones, Christina Dominy, John Colleary, Ben Perrone, Mason Sullivan and Karen Wing.
The Vitamin Shoppe Relocates Back-Office Operations
The retailer of nutritional supplements leased 28,000 square feet of office space at a 260,000-square-foot office building in Secaucus, N.J.