JLL
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.
JV Buys Minnesota Storage Portfolio
The portfolio includes two properties located in White Bear Lake and Lake Elmo, Minn. and totaling 153,000 square feet of storage space. JLL’s Capital Markets team arranged the sale of the facilities.
Grocery Stores Fuel Retail Industry
A JLL report unveiled that grocery-anchored shopping centers are a stable point in the transforming retail sector. Senior Vice President Greg Ferrante explains why embracing tech is not enough to be a successful grocer in 2018.
Tampa Office Building Bolsters Tenant Roster
Brighthouse Financial, a major provider of annuity and life insurance, will occupy roughly 20,700 square feet at The Dilweg Cos.’ four-story Tampa Oaks One.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
Distribution Realty, EverWest Plan Chicago-Area Spec Warehouse
The industrial property will contain nearly 200,000 square feet in Chicago’s O’Hare submarket. JLL’s Sam Durkin and Dominic Carbonari will market the asset.