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DENVER-Two veteran industrial brokers are making the move from Grubb & Ellis, where they represented three of the 10 largest industrial investment sales in the area during the past three years.
FORT MYERS, FL-The area is seeing population growth and an increased valuation of properties, as investors from the Midwest and other states north are relocating their funds to the greater Fort Myers and Naples, FL areas.
HOUSTON-Educare Community Living combines two offices, but gains more space with a seven-year lease in a northwest submarket service center at 9777 W. Gulf Bank. The tenant is vacating office space in the south and northwest submarkets.
DENVER-Two veteran industrial brokers are making the move from Grubb & Ellis, where they represented three of the 10 largest industrial investment sales in the area during the past three years.
BOSTON-In a deal that demonstrates the trend among companies to restructure their leases to take advantage of the city's current tenant market, Hoffman Recruiters signs a 9,200-sf lease at 115 Broad St.
NEW YORK CITY-A New York State Supreme Court ruling broadens the scope of a preliminary injunction against Cigna LaSalle National Bank Association in the ongoing battle with owners of 4 Times Square.
CHERRY HILL, NJ-With a new joint venture partner in place, Turnberry Associates is looking to kick off its massive project after two years worth of delays.
TEMPE, AZ-Hercules Industries signs a lease with a $350,000 value over the term for a spot in the Broadway Industrial Park at 441 W. Geneva Dr. The central location and extra outside storage area help make the decision.
LONDON-Retail giant Marks & Spencer has raised pounds 114.7 million ($190 million) with the sale & leaseback of its office and retail development at 168 Fenchurch Street and 77 Gracechurch Street in the City of London.
SEATTLE-Despite increasing concessions and a flood of sublease space on the market that are driving effective rents lower, the latest report by Marcus & Millichap suggests that the market should stabilize by year's end.