JLL
Appetite for Restaurants Stays Healthy, Despite Volatility
Notwithstanding some hiccups, like declining revenue in the fast-food sector, the market for net-leased eateries has never been stronger, Matthew Berres and Scott Bailey of JLL explain.
JLL Facilitates HQ Relocation for Houston Company
INOVA Geophysical inked a 37,715-square-foot lease in Sugar Land, Texas, a suburb of Houston. The seismic company’s new headquarters will be just three miles from its former office.
JLL Brokers Sale of 45-Acre Orlando Site
Exeter Property Group purchased the land for $8.4 million, with plans to begin speculative construction of a large distribution center in Orlando’s Airport submarket.
KBS Nabs 2 Class A Offices in Oakland City Center
NKF represented the sellers, Rubicon Point Partners and Canyon Partners Real Estate LLC. The assets total 367,357 square feet and are currently 92 percent occupied.
CBRE Hires New SVP in NJ
Jonathan Meisel will bring more than 30 years of experience in commercial real estate to his new role. Prior to joining the firm, he held senior-level positions at both JLL and Cushman & Wakefield.
Trinity, Oaktree Form $3B Hotel JV
The partners will focus on high-quality, value-add hotels in a handful of markets around the world, including Hawaii, California, Mexico and Japan.
C&W Appoints New Executive Director
Industry veteran Tom O’Regan returned to the company after several years in executive roles at JLL and Richards Barry Joyce Partners.
SAP Leases Space at New Atlanta Office Building
The company will join other notable tenants at 8000 Avalon, a mixed-use project that Hines and Cousins Properties completed in June 2017 in Alpharetta, Ga.
GGP Starts Renovation of New HQ
The company tapped Skender Construction to renovate its new office at River North Point in Chicago. The project is slated for completion by January 2018.
Co-Working Firm Spaces Coming to Chicago
The Amsterdam-based company has inked a 27,110-square-foot lease in Lincoln Park. This is its first location opened in Chicago and the 14th one in North America.