CBRE
CBRE Bolsters East Bay Office Leasing Practice
Office veterans Trent Holsman and Scott Greenwood have joined the firm’s Oakland office from Colliers International as senior vice presidents in advisory and transaction services.
CBRE Arranges Sale of OC Industrial Asset
Makena Properties acquired the 81,836-square-foot property in Anaheim, Calif., for approximately $12.2 million. The building is fully leased to a dancewear retailer.
Bay Area Office Asset Changes Hands
Robert Wheatley Properties paid $15.5 million for a two-story, 18,353-square-foot office building in Menlo Park, Calif. CBRE arranged the transaction on behalf of the seller, Oak Grove Associates.
Gladstone Buys Suburban Philly Office Asset
The firm acquired a 60,016-square-foot office building for $15.45 million. The property has been fully leased to construction contractor Jacobs Engineering Group Inc. since its completion in 1997.
Westwood Financial Lands Sixth NC Shopping Center
The Arbors at Mallard Creek, a 55,323 square-foot retail asset in Charlotte, is the company’s most recent acquisition. CBRE represented both the seller and the buyer in the $25.1 million transaction.
CBRE Arranges Greater LA Industrial 1031 Exchange
The three-building park in Norwalk, Calif. changed hands for $14.1 million and is 98 percent leased to a variety of tenants, including Ford Motors.
Economy Watch: Office Occupancy Rising Fast in Some U.S. Markets
Several major U.S. cities made CBRE’s top 20 list of the markets with the fastest-increasing office occupancy costs worldwide, including Houston, Midtown-South Manhattan, Denver, Chicago, among others.
NAI Hiffman Appoints Ted Staszak as SVP
During a 20-year career, the industrial property specialist has completed 500-plus transactions valued at $8 billion. He brings deep experience in major Midwestern markets to his new role.
Alex O’Connor Joins L&L Holding Co.
After two years with AR Global, O’Connor has joined the firm as an acquisition associate. He will oversee the valuation, strategy and execution of new investments for L&L.
Katz’s Deli Leases 30 KSF in NJ
The firm, a landmark of the New York City culinary scene, plans to expand its business by opening a new location at a 145,000-square-foot industrial building in Carlstadt, N.J.