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CHICAGO-Not only have competitors been wooing Jones Lang LaSalle's star talent, clients have been known to do so as well, concedes president and chief executive officer Christopher Peacock, indicating a stepped-up effort to stave off defections with rewards.
CHICAGO-Besides failing to win mayoral approval for nearly 2,000 more bleacher seats, the Cubs' parent company will likely begin paying the city rent for a parking lot west of the ballpark, which the team has claimed is theirs.
RIDGEFIELD, CT-In a deal that affords the firm more room, but keeps the company within the borders of Ridgefield, CinemaSource has signed a lease for 11,475 sf of space at 63 Copps Hill Rd. here.
MIAMI-The $3 million, 70,000-sf High Ridge Commerce Center in Boynton Beach, FL is 45 miles north of Downtown Miami. The project can house office, showroom, warehouse and industrial operations. The builder says 50% of the venture is pre-sold.
SEATTLE-Corbis, a photo-archive company owned by Bill Gates, will relocate its headquarters from Bellevue to Seattle, having signed a 15-year lease to occupy space in the Dexter Horton Building.
Contrary to quotes in the press by Newmark, none of the brokers who left were ranked in the top 10 in Studley's Southern California region based on their 2000 and 2001 production, and only one of the brokers who left was ranked in the Southern California region's top 20 for that period.
CARTERET, NJ-Slayton Development is courting build-to-suit users but will break ground on phase one on spec within a year in any case. CBRE is taking the project to market.
PRINCETON JUNCTION, NJ-The New Jersey Supreme Court gives Huntingdon Valley, PA-based Toll Brothers approval to proceed with the Estates at Princeton Junction, a community of single-family and multifamily homes that has been tied up in litigation since May 1993.
DALLAS-There were four years left on the lease for seven radio stations when brokers sat down at the table to talk about non-financial issues. Crescent gets a 10-year tenant at a building it's selling while the station space gets spiffied up.
LONDON-Wilson Bowden City Homes has announced has acquired Castlegate, one of the most sought after sites overlooking the exclusive Castlefield area in Manchester's city centre, from Peel Holdings. It plans to convert the building into 84 apartments.