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SAN JOSE, CA-A former brokerage producer with CRESA Partners has accepted a new position as senior managing director of Cushman & Wakefield's San Jose office, where he began his career more than a decade ago.
MIAMI-The manufacturer of high-end cabinet displays for the retail industry is subleasing a 232,000-sf, free-standing building in Weston, FL from Circuit City Stores Inc. Quantum has assumed the remaining 14.5-year lease term.
SCOTTSDALE, AZ-The five-year tenant extends a lease and adds 2,109 sf to its bottom line for the Gainey Ranch Financial Center, a three-story building in one of Scottsdale's premier office parks.
LONDON & NEW YORK-Sources very close to the deal have confirmed that CB Richard Ellis has agreed to buy Insignia Financial Group. After the dust settles, the merger will create what is being touted as the world's biggest real estate brokerage firm.
LONDON & NEW YORK-Sources very close to the deal have confirmed that CB Richard Ellis has agreed to buy Insignia Financial Group. After the dust settles, the merger will create what is being touted as the world's biggest real estate brokerage firm.
NEW YORK CITY-National Golf's shareholders OK'd the deal on December 18. Smart move; holders of outstanding shares will receive $12 per. Roland Smith, hand-picked by the investment group to lead the REIT after the sale, can now take his post.
PORTLAND-Trammell Crow Company, which is developing 50 acres in the Port of Portland's Rivergate Industrial District on behalf of Multi-Employer Property Trust, inks a 402,450-sf deal with the Georgia-Pacific subsidiary for the second phase of the 1.1-million-sf development.
SAN DIEGO-The affiliate of Goldman, Sachs & Co. purchases the 114,000-sf office facility from Janez Properties. Currently 100% leased, the building is occupied by tenants such as Sheppard, Mullin, Richter & Hampton LLP and Prudential California Realty.
WHITE PLAINS-Officials representing New York Life Insurance Co. say the storied insurer will make a decision on whether to relocate approximately 1,000 employees from its Manhattan offices to either a site in Westchester or New Jersey by the end of March.