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Year-to-date absorption is over 5.31 million sf, 70% of last year's record. The overall vacancy rate also fell to a record low for the second quarter, 2.7%.
ATLANTA-The properties comprise $225 million worth of the New York investment banker's off-campus students housing units and a 464-unit luxury apartment community near the Mall of Georgia in Gwinnett County. GMH Associates of Pennsylvania is a co-owner of the student housing.
CHICAGO-William Sullivan shifts from CFO post to E-Business Development and Global Knowledge job. Peter Roberts to take over as CFO next year. Sullivan says Jones Lang LaSalle's SiteStuff on-line procurement joint venture could reduce the firm's procurement costs by as much 15% over the next two years.
SUNNYVALE, CA-The Dallas-based online commercial real estate company with a local connection on Tuesday announced an alliance with software provider First Data Systems.
HOUSTON-ERealty.com, a Houston-based on-line residential real estate brokerage, has acquired half of the of TitleLink from Interliant Inc. Expansion plans ticket operations for Chicago, Los Angeles, San Diego and San Francisco.