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BOSTON—The Peebles Corp. chief investment officer Tawan Davis says the company, which entered the market here in January with its designation as the developer of a major mixed-use project in Back Bay, is looking to expand its presence in Boston in a major way.
LOS ANGELES—Nadine Watt, president of Watt Cos., will succeed Jacob Lipa as a chair on the Los Angeles Business Council, becoming the first woman to hold a seat on the board.
PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated a long-term industrial lease on behalf of First Commons landlord Enright Capital, Ltd., of Calgary, relocating an American Building Supply, Inc. facility and bringing the property to 94% occupancy.
LOS ANGELES—The Garfield Building, a 12-story art deco building on the National Register of Historic Places, has come to the market, representing one of the last remaining historic adaptive reuse opportunities in the downtown market, GlobeSt.com reports <b>EXCLUSIVELY</b>.
PHILADELPHIA, PA—Expanding construction by one of the market's largest employers, Comcast Corporation, seems to be serving as a stimulant for the Philadelphia office market, and steady hiring in the metro is increasing demand for office space as companies look for larger locations to house their growing workforces, says Marcus & Millichap in its second quarter Office Research Market Overview.
BEVERLY HILLS—In its first SoCal retail investment, the firm purchases a fully leased 14,000-square-foot retail property in Beverly Hills' Golden Triangle for $40 million.