Southeast

The two companies reported this morning the transaction has been unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF, will join JLL as CEO, Capital Markets,

The deal was reported by Bethesda, MD-based commercial real estate finance firm Walker & Dunlop, which represented California-based Praelium Commercial Real Estate and South Street Partners of Charlotte, NC, in refinancing the property as part of a restructuring and recapitalization of the ownership entity.

It seems only fitting that as one of the last cranes standing in Brickell comes down, the topping off of Brickell Flatiron has signaled the near completion of the 736-foot-high tower that will stand as the tallest condominium south of New York City.

Some companies size-up potential based on a candidates culture fit, but clearly that can backfire in a period of change when business as usual is the wrong answer.

The acquisition, which went into effect immediately upon closing, brings more than 200 Corporate Concierge Services employees into the JLL fold.

The average asking rent at buildings located one block from a Metro stop is now $53.34 per square foot full-service.