JLL
Savanna Picks Up NYC Office Tower
The real estate company purchased 19 W. 44th St. from Deka Immobilien GmbH, and plans to invest more than $25 million in renovations at the 300,000-square-foot Midtown property.
Lerner Inks 23 KSF HQ Lease in VA
Cross Country Consulting will take up an entire floor at a premier office building located within Lerner’s Corporate Office Centre at Tysons II in Tysons, Va., the state’s largest office market.
Mortgage Firm Extends, Expands Dallas Lease
Pacific Union Financial signed a new 44,000-square-foot lease at Browning Place I in Dallas. The company also renewed its existing 88,000-square-foot lease at neighboring Browning Place II.
Movie Theater Skepticism Breeds Net Lease Opportunity
Why movie theaters present an interesting net lease investment opportunity for those seeking concepts with long-term viability and higher yields, according to JLL Senior Vice President Matthew Berres and Associate Scott Bailey.
Economy Watch: Bioscience Firms Will Pay Premiums for Prime Space
Life sciences employers are willing to pay high rents to be near hard-to-find talent. With laboratory space being scarce and rents continuing to rise, firms are facing the pressure to make their spaces desirable while keeping costs under control.
Zeller Taps JLL to Lease Atlanta Office Tower
The real estate company acquired 100 Peachtree in May and has selected design and architecture firm Gensler to spearhead renovations at the property.
Campanelli, Clarion Break Ground on MA Industrial Project
The upcoming 427,500-square-foot development, comprising two buildings, will soon rise in the Boston submarket of Bellingham. Construction is expected to be complete by August 2018.
JLL Closes Sale-Leaseback of Northwest Houston Industrial Asset
The new owner and lessor of the property, Industrial Property Trust, will lease the entire facility to the tenant that currently occupies it.
Lower Manhattan Gets First Full-Service Office Building
Reimagined by Cove Property Group and Bentall Kennedy and serviced by Convene, the 480,000-square-foot 101 Greenwich is nearly ready to welcome its first tenant.
Pei Wei Moves HQ to Northwest Dallas
The Pan-Asian restaurant chain signed a 16,269-square-foot office lease at Las Colinas Highlands, a 200,000-square-foot building in Irving, Texas. The seven-story property’s vacancy dropped to 27.9 percent.