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NEW YORK CITY-Insiders see repositioning to better serve markets, but no major re-invention of its market focus and absolutely no plans to close doors entirely.
EDISON, NJ-Two leases fill up the fifth floor, which was rebuilt by the owner to turn a single-tenant space into new digs for two computer services companies.
DALLAS-Time for a change, say three business operators who sign for new space in the metroplex. The Cushman & Wakefield has brokered deals totaling 25,820 sf for industrial sites in Dallas, Lewisville and Coppell.
MIAMI-Industrial Developments International plans to break ground in January on Miramar Business Center, a $60 million, three-building industrial venture fronting the Miramar Parkway and the Florida Turnpike, 20 miles north of Downtown Miami.
NEW YORK CITY-Brokers from Cushman & Wakefield's New York headquarters and its Pennsylvania regional office joined forces to negotiate the lease in a 17 Ludlow Property LLC building in Center City Philadelphia.
HOBOKEN, NJ-Japan-based banker joins publisher John Wiley as the latest tenant to sign on at SJP Properties' new 1.1 million-sf class A corporate center.
MILFORD, CT-Bayer Corp. has renewed and expanded its tenancy at two buildings on Wheelers Farms Road here where it now occupies 95,500 sf of space for the North American headquarters of its Pharmaceutical Division.
SHELTON, CT-Cushman & Wakefield of Connecticut has been awarded the exclusive leasing assignment for the current home of Philips Medical Systems' North American headquarters. The company is relocating next summer.
FRANKLIN PARK, IL-An industrial site, long used for making steel products, is slated for redevelopment as a retail property. The asking price was $3.15 million.
WHITE PLAINS-GHP Office Realty of Scarsdale, the owner of Red Oak Corporate Park here, reports it has secured five lease deals totaling nearly 60,000 sf of space at the complex that is now fully occupied.