JLL
IMC Construction Completes PA Office Renovations
Designed by Erdy McHenry Architecture, Arborcrest 5 now offers tenants access to a full-service cafe, a yoga room, lounges, a fitness center and a basketball court.
JLL Closes 4 Office Leases at Houston Asset
The team of Russell Hodges and Jessica Ochoa arranged a series of new deals and lease extensions at the recently upgraded 5300 Memorial.
JLL Names New Retail VP in Orlando
With more than 150 transactions completed, Brandon Delanois has been promoted from associate. He will focus on retail projects in mixed-use developments, university campuses and entertainment centers.
Orange County Business Center Commands $73M
PS Business Parks sold five multi-tenant buildings in Santa Ana, Calif., divesting itself of approximately 437,000 square feet of office space.
San Diego Office Asset Changes Hands for $33M
JLL Capital Markets completed the sale of 1450 Frazee on behalf of the seller, Menlo Equities. At the time of sale, the building was 90.6 percent occupied by 27 tenants.
CBRE Brokers First Chicago-Area Lease for iHerb
The 257,344-square-foot distribution center is located in Elgin, Ill., and adds to the other facilities that the retailer occupies in California, Kentucky and Pennsylvania.
Stream Data Centers to Build Hyperscale Facility in DFW
The company plans to invest a minimum of $200 million and create at least 20 new permanent jobs in order to qualify for Texas’ House Bill 1223, providing them with a 10- to 15-year sales tax exemption.
Bank of Texas Signs Lease in Fort Worth Tower
The financial institution will occupy more than 20,000 square feet in the nearly 1 million-square-foot Class A office high-rise in the city center.
How Will Trade Tension Impact Labor Market, CRE?
Continued wage gains aren’t enough to balance concerns over a trade war with China that could slow economic growth.
Samsung to Relocate Texas HQ to Plano
The electronics giant leased 216,000 square feet at Legacy Central and will transfer 1,300 employees from its Richardson location in early 2019.