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GREENVILLE, SC-A special purpose entity of Lexington Corporate Properties Trust obtains $14 million in acquisition financing from Bank of America to acquire a three-story, 192,884-sf, class A office building and call center in Greenville that is the regional headquarters for Verizon Wireless.
NEW YORK CITY-Issues facing the New York City real estate market will be the focus of Real Estate Media's second annual RealShare New York at the Roosevelt Hotel Tuesday, Sept. 16.
CORAL GABLES, FL-The locally based bank signed a 10-year lease for 44,000 sf of space, up from its current 18,767 sf. The bank, which becomes the building's largest tenant, also secured signage rights for the top of the building as well as rights for drive-thru lanes and a new ATM.
BOSTON-The Institute of Contemporary Art, Boston signs a 99-year lease with Hyatt Development Corp., to locate its new 62,000-sf, four-story museum in the Fan Pier waterfront development.
MORTON GROVE, IL-Publications International, Ltd. keeps its headquarters at 7373 N. Cicero Ave. in Lincolnwood but leases 26,240 sf at The Rose Group's building at 8140 Lehigh Ave.
ATLANTA-Three of the brokers are joining Cresa Partners after working for Crow for five years when TCC acquired Peachtree Partners, the tenant rep firm founded by Richard Chrismer, Billy Hobbs and Abba Waller in 1996.
DALLAS-Buyers, sellers and lenders alike look at the changing financials as a way to help restore yesterday's margins until job growth and demand return. But the interest rate isn't all that will be rising, say speakers at C&W's multi-housing forum.
MINNEAPOLIS-Shannon Rusk, a 15-year industry veteran, formerly worked with Trammell Crow Company and LaSalle Partners. She will be responsible for establishing and maintaining client relationships for the company.