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LYNDHURST, NJ-The consulting firm has extended its leases at separate locations at two Gale Co. properties in the Meadowlands Corporate Center. The largest of the leases tops 165,000 sf.
LONDON-Encroachment by new developments along the Thames is threatening people's enjoyment of the river, a report published today by the London Assembly, has warned.
ROCHESTER HILLS, MI-The city-owned industrial property will be sold to a developer to recoup loss after plans for a joint public works facility failed. Pre-proposal meetings will be held at the end of the month.
MOUNT PROSPECT, IL-Chicago-based Franklin/JDI Central LLC paid $18.2 million for the building on 41 acres at 1800 Central Ave. last summer. A joint venture of Wilton, CT-based Commonfund Realty Inc. and Golub & Co. buys it 35% occupied.
CHICAGO-Sales across General Growth Properties Inc.'s 124-million-sf portfolio dipped slightly to $352 per sf in the second quarter, while new leases and renewals averaged $36.20 per sf, up 3% from the same period a year ago.
SAN DIEGO-The office developer plans to build a 45,000-sf scientific research facility on the University Town Centre site, which is located in the master-planned La Jolla Commons project.
JACKSONVILLE, FL-With one million sf of dealership properties under construction in the Southeast, Stiles Construction Co. has won a $4 million, 35,230-sf Duval Acura contract and is completing a $5 million, 48,000-sf Duval Honda job for the owner, Scott-McRae Group.
WASHINGTON, DC-The office building at 2101 L St. becomes part of the Charles E. Smith Commercial Realty Division of Vornado Realty Trust in a $77 million transaction. The 370,000-sf structure has a prominent location in the city's CBD.