Commercial real estate special reports for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
LONG BEACH, CA-Harriman Jones Medical Group has reduced the size and extended the term of its lease at 2600 Redondo Ave. The eight-year lease is valued at $15 million.
WESTLAKE VILLAGE, CA-A financial services firm and a residential developer sign leases of around 4,500 sf at the city center fronting the Ventura Freeway. The combined consideration for these two leases is in excess of $2.1 million.
CHICAGO-The local accounting, tax and management consulting firm takes the entire 20th floor in the former Insurance Exchange building. The move from 130 E. Randolph St. in the East Loop to 68,000 sf in the award-winning building takes place in November.
WAKEFIELD, MA- Samuel Rotondi Esquire P.C. leases 38,000 sf of first class office space at 7 Audubon Road, a two-story, 70,000 sf office building located near Route 128. The company, which services medical providers, is using the space as its new headquarters.
SANTA ANA, CA-The county's office market continues to heat up, as a 166,616-sf Santa Ana office complex has been sold for $13.5 million. It is the second large transaction to take place within Orange County in the past week.
DALLAS-Electrolux makes a 230,878-sf play at a First Industrial-owned park in Harrisburg while expanding in Dallas-Fort Worth in deals brokered by a Trammell Crow Dallas team. Also in the DFW, Ecolab takes 36,874 sf at a RREEF-owned property.
CHICAGO-Overall vacancy Downtown is up to 14.3%,with a total of more than 5.5 million sf of sublease space now available, according to Cushman & Wakefield's first-quarter report. It is the largest amount of sublease space the firm has seen in 15 years of tracking the submarkets.
KENT, WA-Starbucks leases 215,000 sf at the Springbrook 188 Distribution Center for an undisclosed sum. Some in the industry are hailing the transaction as the most significant industrial lease in the south Puget Sound area in the last 18 months.
HOUSTON-One deal closes off 114,400 sf and two shut down 38,400 sf in a triple play that takes the Midway Cos.' 550,000-sf Central Greens park to full. The largest space taker is Elite Air Freight of Houston.
DENVER-Steve Hager brings a brokerage background as well as experience working in development for an owner/builder to his new post as director of Cushman & Wakefield of Colorado Inc.