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DENVER-Colorado's largest carrier of workers' compensation insurance has purchased a 140,000-sf building at the Quad at Lowry Business Park, which is close to public transportation and plenty of nearby retail offerings.
WASHINGTON, DC-The debate over whether banks should be allowed to enter the business of real estate went before a Congressional subcommittee yesterday, May 2, as officials grapple over the exact nature of real estate transactions.
MINNEOTA, MN-A Superior Truss plant here will help the Michigan-based supplier of engineered wood components to expand into the residential construction market in Minneapolis and Indianapolis.
LOS ANGELES-An insurer and a law firm take 108,000 sf of office space in the beleaguered CBD. Brokers say vacancies in the area will continue to drop as tenants seek affordable alternatives to the pricey Westside and other submarkets.
NEW YORK CITY-In an exclusive interview with GlobeSt.com, Marilyn Harra Kaye, president of MLB Kaye International Realty, explains why she submitted her resignation to the MLS board effective yesterday morning, May 2.
CHICAGO-Transwestern Commercial Services did $2 billion in property sales and financings but gets stronger by picking up financial advisory firm Julian, Toft & Downey, Inc., involved in a multitude of high-profile lending deals.
LIVERMORE, CA-S&M Moving Systems signed a five-year lease for the space, which is located in a 277,000-sf development at 7337 Las Positas Dr. The Santa Fe Springs-based company is keeping a 100,000-sf facility in Fremont and subleasing another.
AUSTIN-A consultant-broker has put out his latest sublease tally and it's not looking good in Austin. More space has come to market, with the total now at 1.89 million sf. Street talk is rent could drop by as much as $2 per sf in lieu of finish out, if this continues.
DETROIT-More mail due to new developments has swamped a four-county area. The US Postal Service is looking at sites in either Oakland or Macomb counties for a new 880,000-sf processing facility.