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PRINCETON, NJ-Insignia/ESG's New Jersey office has formed an alliance with Buschman Partners, the dominant commercial real estate force here. At some point down the line Buschman may become a part of Insignia.
NORTHBROOK, IL-After searching for nearly a year, the commercial real estate giant has a president and chief executive officer in Barry M. Barovick, who leaves Ernst & Young's real estate advisory services group.
CHICAGO-Better commission splits and signing bonuses may lure top brokers from one office to another, but a "wholesale migration" of brokers has not been seen so far. Money sometimes isn't everything, local experts add.
AUSTIN-Buls Hodge Consulting, rapidly becoming one of the city's most accredited space trackers, says there is 1.78 million sf of office and industrial sublease space in the market. The northwest is the hardest hit submarket and accounts for 53% of the open space.
PHOENIX-Phoenix is no longer the low-price alternative for corporate relocations and, in fact, is in the middle of the pack among other Western cities for affordability, as well as other distinguishing features, says a national expert in corporate relocations.
ROYAL OAK, MI- Chicago-based developer HSA Commercial renegotiates a lease with anchor tenant Barnes and Noble and is working on a deal with a large restaurant to start Phase I of the project.
KANSAS CITY-Apollo Management L.P., a New York-based investment firm, will add three members to exhibition company's board of directors. The $250 million equity stake will be used to pay down debt.