JLL
Gearing Up for the 2018 Hurricane Season
Last year’s calamities prompted commercial property owners, contractors, property managers and tenants alike to make early adjustments ahead of the impending storms.
Asana Partners Buys LA Mixed-Use Portfolio
Engine Real Estate traded The Fig Collection at Highland Park for more than $23 million. The three-property portfolio includes multifamily, retail and office space.
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan’s 3 Hudson project and West Los Angeles’ Santa Monica Business Park.
P3 Properties Inks NJ’s Largest Lease of 2018
Teva Pharmaceuticals USA has taken up 345,000 square feet across three buildings at the company’s MCCBLUE office campus in Parsippany, N.J.
JEMB Realty Scores $235M Loan for Brooklyn Office Project
JLL Capital Markets arranged construction financing for the 34-story high-rise located in the borough’s downtown area. The tower already has two anchor tenants.
Taco Bell Cantina Debuts in NYC
The fast-food franchise’s new location will be strategically situated in a highly transited Manhattan corridor and will welcome its first customers by the end of this year.
Chicago Trading Co. Expands in Windy City
CBRE represented the tenant in the 114,186-square-foot lease renewal and expansion, marking the seventh transaction closed this year at the property.
Lendlease Tops Off World’s Tallest Timber Office Building
25 King, located at the Brisbane Showgrounds in Australia, is scheduled for completion by the end of 2018, with 43.5 percent of the building preleased to global engineering firm Aurecon.
JLL Expands West Coast Retail Development Team
Greg Whitney brings more than 25 years of retail development experience to his new position. As senior vice president, he will identify development opportunities, implement strategies and oversee projects.
Hines, Ivanhoé Break Ground on 47-Story Houston Skyscraper
Law firm Vinson & Elkins will serve as the anchor tenant of the 1 million-square-foot upcoming building, scheduled for completion in late 2021.