Leasing

NEW YORK CITY-In partnership with WESTMED Practice Partners, Mount Sinai Medical Center will construct an outpatient medical office at One Pierrpont plaza within Forest City Ratner’s MetroTech complex.

FORT LAUDERDALE,FL-CBRE's Marty Busekrus tells GlobeSt.com's Jennifer LeClaire buyer who bought at the bottom are starting to sell.

TAMPA, FL-Checkers Drive-In Restaurants Inc. has signed a lease renewal deal for 11 years at Colonial Place II in Westshore, Tampa.

LONDON-The Crown Estate has secured two new tenants in St. James's as part of a GBP 500-million investment to reconstruct the area.

GLASGOW, UK-The Student Loans Company has renewed its lease for 10 years with McKay Securities PLC for the 100,270-square-foot office building at 100 Bothwell Street in Glasgow.

MEMPHIS-The Federal Deposit Insurance Corp. has leased 32,000 square feet at Lakecrest III, a 130,000-square-foot office building at 6060 E. Primacy Parkway in East Memphis.

HAMBURG, GERMANY-Valad Europe has signed a lease renewal deal with Closed GmbH on 57,845 square feet of office and warehouse space at Bottcherhof 1-1a in the Hamburg-Billbrook region.

BALTIMORE-XLHealth Corp. has selected Howard County instead of Baltimore City for its expansion.

NEWARK-Gateway Center landlords are protesting Prudential’s plans for a new office tower, while a new report ranks the metro area among the nation’s most expensive for corporate tenants.

WASHINGTON, DC-Congress wants FASB to slow down and consider the potential fall out from the lease accounting convergence proposal.

PALO ALTO, CA-The region reports 2.7 million square feet of office absorption during 2011, which hasn’t been seen since the 1990s dot-com era.

CHICAGO-BDO USA LLP is moving its Chicago office into 33,267 rentable square feet at the PGRT affiliate owned building, while law firm Patton & Ryan up its lease by 3,000 square feet and extend its term.

WASHINGTON, DC-Panelists at the upcoming RealShare Washington, DC will discuss what is driving development in the area, the changing nature of office supply and demand, and the outlook of investment sales here.

MIAMI—Blanca Commercial Real Estate's Danet Linares tells GlobeSt.com's Jennifer LeClaire mass transit is Miami’s Achilles heel right now.

SAN JOSE, CA-A cloud communications company is moving its headquarters from Sunnyvale to North San Jose.

NEWARK-Fresh off his new move to Avison Young, the industry veteran will deliver the keynote address at the RealShare New Jersey Breakfast Series on June 5 at the Newark Club.

NEW YORK CITY-Industry sources tell GlobeSt.com’s Jacqueline Hlavenka that the latest executive changes are a sign that the brokerage industry is beefing up its offerings beyond leasing and sales.

BETHESDA, MD-The merger of the Reznick Group and J.H. Cohn will create an organization with a larger public presence, allowing for a greater focus on REITs, David Kessler tells GlobeSt.com's Erika Morphy.

NEW YORK CITY-The international fashion brand is expanding its footprint to the trendy Hudson Square area, but the company will also maintain its other corporate office on West 19th Street in the Flatiron District, a spokeswoman for Trinity Real Estate confirms.

DUBLIN-The agency will invest $2.5 billion to build up properties, and another $2.5 billion in purchasing loans, as it works to resolve its acquired Irish bank debt by 2020.