JLL
Stuart Scott, JLL’s Founding CEO, Dies at 80
During a career that spanned half a century, the executive was instrumental in the creation of the global services firm. He was also a noted philanthropist whose beneficiaries included his alma mater, Hamilton College.
Tekka Place Tops Out in Singapore
Lum Chang Holdings and LaSalle Investment Management near completion of the mixed-use project, which will consist of 320 apartments and 70,000 square feet of retail.
Data Center Demand Continues to Soar Globally
According to JLL’s new forecast, the call for space grows louder, bolstered by increased cloud activity, which developers rush to accommodate with expanding construction pipelines.
KBS Realty Signs JPMorgan Chase Lease Renewal in Dallas
The long-time tenant will continue to occupy nearly 42,000 square feet at Preston Commons, a three-building office park undergoing a $15 million improvement plan.
CBRE Global Investors Acquires Madrid Hotel
An affiliate of Signal Real Estates Opportunities Fund LP sold the 161-key Hotel Exe Moncloa, a four-star property located in the heart of the Spanish capital.
JLL Adds 2 New Hires to Palm Beach County Office
In their new roles, Brian Cornrich and Merritt Etner will help drive business development and advance the firm’s growth goals in Palm Beach County.
Westlake Realty Completes Bay Area Office
The building totals 132,000 square feet and is the second phase of the 1 million-square-foot San Leandro Tech Campus. The first property opened in late 2016.
CityView Commercial Buys GA Retail Center for $45M
JLL arranged the sale of Southlake Mall in the Atlanta suburb of Morrow, working on behalf of Vintage Real Estate, which had owned the property for nearly five years.
Hilton Launches New Brand
Signia, which will kick off with three properties in as many major cities, will compete with the hospitality industry’s top meetings and events brands, while also targeting upscale leisure travelers.
Yext Signs 43 KSF Lease in Northern VA
The digital knowledge management platform will house its new Washington, D.C.-area regional headquarters at 1101 Wilson Blvd., a Class A office tower in Arlington’s Rosslyn submarket.