JLL
Colony Northstar Signs Record Deal at Manhattan Skyscraper
With a reported rent of $130 per square foot, CBRE inked a 40,000-square-foot office lease at 590 Madison Ave. The property is jointly owned by State Teachers Retirement System of Ohio and Edward J. Minskoff Equities.
Henkel, Dentsu Aegis Ink Lease at Upcoming LA Office Project
Carl Muhlstein and Hayley Blockley of JLL and IDS Real Estate Group’s Dave Saeta and Rob Fuelling arranged the leases at C3 at Culver Pointe.
Nexus at ASU Research Park Changes Hands
The two-story, 123,864-square-foot property in Tempe was constructed in 1998 as a research and development facility. ViaWest converted the building to office use a couple of years ago.
Hill Properties, ReCap JV Nabs 186 KSF Industrial Park in San Diego
JLL arranged the $31.4 million sale of Scripps Ranch Business Park. The nine-building complex is fully leased to nine tenants.
Bridge, Investcorp Partner to Recapitalize Cold Storage Portfolio
The three warehouses total 715,000 square feet and may represent the first time an institutional investor refinances a multi-tenant cold storage portfolio.
Office Outlook Positive for 2017
We’re still witnessing a ‘flight to quality’ mentality among tenants, but vacancy rates are inching higher as new deliveries are outpacing demand, according to JLL’s most recent study.
Meet CPE’s 2017 Stars to Watch: Shannon Price, Savills Studley
A pivotal role in an automaker’s corporate relocation boosted the regional economy and earned accolades for this young professional, as well as a place on CPE’s roster of up-and-coming leaders.
JLL Continues Leasing Spree at Mission Center
Over the past 12 months, the company closed 10 leases at the property, totaling more than 80,000 square feet. The office park still has 10,000 square feet of available space.
JLL Strengthens SoCal Retail Practice with VP Hire
Dan Gill has more than 25 years of experience in the industry and will be based in the firm’s San Diego office. The move is part of the firm’s plan to expand its retail platform.
JLL Appoints Southwest Director of Research
Holding more than a decade of industry experience, Schiada specializes in real estate economics, industry trends and real estate forecasting.