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DETROIT-Four transactions involving Cushman & Wakefield brokers include an office building, vacant land and leases of industrial space. J & J Acquisitions LLC buys 11525 Brougham St. in Sterling Heights, MI for $96 per sf.
BELLEVUE, WA-Cushman & Wakefield says the vacancy rate in the CBD here has nearly doubled since the end of the second quarter, with rent rates are dropping in response. But a C&W broker says the market may have hit a plateau.
BELLEVUE, WA-If and when they will be built remains a question, but a third-quarter report by Cushman & Wakefield lists 7.3 million sf worth of office projects proposed for construction throughout Eastside sub-markets.
FOOTHILL RANCH, CA-Hobby Products International signs a $1.8-million lease for industrial space at Foothill Ranch. The distributor of remote control vehicles plans to relocate from Irvine in February 2002.
SAN DIMAS, CA-Come May, Technip USA, which designs refineries and other industrial plants, heads to Claremont from the San Gabriel Valley community of San Dimas. The deal is 10 years and 79,800 sf of office space.
DALLAS-The North Texas Commercial Association of Realtors pays tribute to 142 years of service. Two high-profile players get inducted into the Hall of Fame while Henry S. Miller Jr. gets the first lifetime achievement accolade for 63 years of mentoring.
REDMOND, WA-The medical manufacturing company had hoped to find a buyer for its property before downsizing out of it. But the stagnant market has borne no buyer and the company has shifted its search to tenants.
BELLEVUE, WA-Cushman & Wakefield says the vacancy rate in the CBD here has nearly doubled since the end of the second quarter, with rent rates are dropping in response. But a C&W broker says the market may have hit a plateau.
BELLEVUE, WA-Cushman & Wakefield says the vacancy rate in the CBD here has nearly doubled since the end of the second quarter. Rent rates are dropping in response. But a C&W broker says the market may have hit a plateau.
DETROIT-A logistics provider, bread company and general contractor decide they need more space in three separate suburbs. The largest deal is a seven-year, 45,000-sf lease for GeoLogistics Americas Inc. in Romulus, MI.