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CORAL GABLES-The class B building here was sold by the court-appointed receiver for Blissco Properties Inc. Keyes is relocating from downtown Miami and expanding its headquarters in the building, whose gross building size is 60,000 sf.
DETROIT-25 new stores are planned for the state and another $13.6 million flatbed supply center to serve more than 100 buildings will be opened in Grand Ledge's Willis Industrial Park.
SIMI VALLEY, CA-A Los Angeles investor plans to remodel the adjacent buildings, formerly occupied by Cerwin Vega, and offer them at below-market rates. One building is 43,000 sf and the other, 34,000 sf.
CHICAGO-Kirkland & Ellis expands its lease at the Aon Center by 65,319 sf. Meanwhile, Jones Lang LaSalle has been hired to explore options for Jones Day which has 138,000 sf at 77 W. Wacker Dr. The law firm has another four years on its lease with Prime Group Realty Trust.
JACKSONVILLE, FL-Taking advantage of today's historically low mortgage rates, the owners of the 33-year-old, 304-unit, 30-building Silver Creek and Desert Winds multifamily community in Jacksonville, FL plan to use part of the proceeds to pay off existing debt.
PRINCETON, NJ-Paramount Hotel Group is teaming up with a local private investment group to introduce the brand to this prestigious market. The property will be located within the two million-sf Carnegie Center Office Park.
CASA GRANDE, AZ-MJW Investments of Los Angeles buys the 315,835-sf, partially leased facility and 50 undeveloped acres from a Chicago seller, who's had the property on the market for two years.
LOS ANGELES-It's billed as one of the region's largest industrial buys in five years as an East Coast buyer collects a West Coast portfolio. The City of Industry is home to nearly 1.3 million sf in the 32-building package.
PHILADELPHIA-The central axis of the new 160,000-sf, two-story building aligns perfectly with the center of Independence Hall, four blocks to the south, where the U.S. Constitution was originally debated. The new Liberty Bell Center, under construction, will complete Independence Mall.
SCOTTSDALE, AZ-The investment banker goes from sublease to direct lease for the class A office space at 14500 N. Northsight Blvd. The firm signed a three-year extension at $23 per sf to seal a deal with a $150,000 payout.