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CHICAGO—Although a large headquarters office may be essential, “law firms may be overlooking an opportunity to create meaningful cost savings by thinking about their space needs differently,” says Daniel Arends, who heads the national legal sector practice at Colliers.
NEW YORK CITY—Yet when broken down by avenue, and looking at office “trick-or-treating,” (i.e. relocating), there is far less horror across the submarket, according to a new—and Halloween-themed—research report.
HOLMDEL, NJ—Utility company JCP&L will relocate its regional headquarters to the sprawling Bell Works site from 331 Newman Springs Road in Red Bank, when its lease there expires next year.
SOUTH FLORIDA—KLX Aerospace Solutions signed a 500,000-square-foot, build-to-suit lease for its new global headquarters and distribution hub for the second largest real estate transaction inked in South Florida this year.
EW YORK CITY—Experts who've developed such projects—or are doing so—attempted to answer this $64,000 question late last week during a panel discussion at CREW Network's national meeting here.
In any real estate deal there are so many issues to consider and manage to make sure that every step of the transaction goes smoothly. You likely know…