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MIAMI-Mintzer, Sarowitz, Ledva and Meyers has relocated its Miami office, taking 8,597 sf for seven years in Alhambra International at an estimated aggregate rent of $1.56 million.
SAN DIEGO, CA-Construction of the toll road section of state route 125 is expected to begin next year, now that the Australian firm Macquarie Infrastructure Group is wrapping up a deal to purchase rights to the SR-125 tollway project.
SAN DIEGO, CA-Arden Realty Inc. purchases four office properties encompassing a total of 370,000 sf from Equity Office Properties Trust. The recent additions bring Arden's portfolio to around 19.4 million sf, including more than 2.8 million sf in San Diego County.
NEW YORK CITY-World Trade Center leaseholder Larry Silverstein sits down with Brookfield Financial Properties chairman John Zuccotti to discuss redeveloping the WTC site.
PHOENIX-Dynamic Labs will move into 18,768 sf of industrial space that triples its size and brings the launch of the state's first EMI testing facility. The deal is sweetened with a purchase option for 1720 W. Parkside Lane.
GRESHAM, OR-Faced with unexpected opposition, the Gresham City Council this week delayed its decision on a proposed easing of the restrictions related to attached rental housing. Instead, a council work session and another public hearing have been scheduled.
MIAMI-The two 500,000-sf towers, which will include luxury apartments, is slated for an approximately three-acre piece of land just sold on Brickell Avenue in Miami. The Brickell City Center project will cost up to $200 million.
DENVER-Top multifamily sales producers Jeff Hawks and Doug Andrews bolt Grubb & Ellis to form Apartment Realty Advisors, which aligns itself with commercial real estate giant Frederick Ross Co.
SEATTLE-Based on capitalization rates and price-per-sf paid, Seattle ranks No. 1 and Ventura and San Diego, Calif. are close behind in a new study released by Sperry Van Ness of San Francisco, which also ranks the best buyers markets around the country.
AUSTIN-The trend is to mix discounted rates of a long-term lease with sublease space to finesse a better overall package, says Buls Hodge Consulting. It effectively means that high sublease numbers are here to stay.