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ATLANTA-The nation's largest public power company downsizes from 130,000 sf in Nashville's Highland Ridge Tower to 58,400 sf at One Century Place. The 11-year lease is for an estimated aggregate rent of $20 per sf.
ATLANTA-The city lost a motion to dismiss the complaint filed by the local chapter of NAIOP and the Greater Atlanta Home Builders Association. The suit alleges Atlanta is misusing its impact fee revenue from developers.
PHILADELPHIA-Cincinnati's locally based energy supplier buys naming rights to the Downtown Convention Center for $12 million, putting the reduced expansion plan back in play after the airline company backed out of an earlier commitment to hang its name over the door.
PHILADELPHIA-The Minneapolis-based giant retailer Target has paid about $29,993 an acre for 148.7 acres in West Jefferson Commerce Park outside Columbus, OH, to build a 1.35-million-sf distribution center. Area real estate representatives estimate its total cost will exceed $130 million.
PHILADELPHIA-King of Prussia, PA-based O'Neill has sold the one-story, 150,800-sf office building on 15.5 acres in Horsham, PA, for $21.3 million. Built in the 1960s for retail, the property is now anchored by DaimlerChrysler offices.
ATLANTA-The Raleigh, NC-based affiliate of CBRE appoints D. Edward Pulliam senior vice president of leasing. He was previously vice president of leasing for Daniel Corp.'s Mid-Atlantic region and a senior marketing rep for Raleigh-based Highwoods Properties for 14 years.
PHILADELPHIA-Three soon-to-be vacated Ames Department Stores at shopping centers in Eastern Pennsylvania are being marketed for lease by the centers' owner, Lakewood, NJ-based Lightstone Group. The properties are in Shamokin, Stroudsburg and Lewisburg and range from 53,000 sf to 61,489 sf.
ATLANTA-The locally based REIT hires 16-year industry veteran Steve Yenser to head retail leasing. Yenser leaves his post as senior vice president of asset management, Eastern region, at Chicago-based General Growth Properties.
PHILADELPHIA-Following the resignation of Louis Vogt as president and the assumption of that role by CEO Jeffrey Friedman, the Richmond Heights, OH-based REIT has announced the loss of management responsibilities for 11 client-owned properties and will now shift executive duties.
PHILADELPHIA-In perhaps the biggest office deal in downtown Columbus, OH this year, Pizzuti has obtained a 15-year, 64,000-sf lease from this Cincinnati-based bank and its subsidiaries that puts Provident's name on the 12-story tower and takes the building to 50% occupancy.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource