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ROCKVILLE, MD—A division of the Resmark Cos. and Streetscape Partners report they have formed a joint venture to develop a new townhome development at the master planned King Farm community here.
These young professionals represent the best and brightest in their field, with the expertise, savvy and potential necessary to bring the industry into the next phase of the cycle.
LOS ANGELES—Hudson Pacific Properties breaks ground on the ICON creative office tower at Sunset Bronson Studios, adding to the ongoing Hollywood Renaissance.
SAN FRANCISCO– Pertel's role will be to expand the firm's net lease initiative on the West Coast, working alongside Mark West, Coler Yoakam and Tim Hall in the firm's San Francisco office within HFF's national net lease group.
MINNEAPOLIS—There has been at least 18 quarters of positive absorption, and users seem especially anxious to secure leases in new buildings with 32' clear heights.
EXTON, PA–Willner Properties added two new leases totaling 8,400 square feet at the Exton Corporate Center for StudioETC and Evolution Energy Partners. Exton Corporate Center is an 80,000 square foot, five-story building at 102 Pickering Way in Exton, PA.
MARLTON, NJ–The fully occupied 402-404 Lippincott Drive in Marlton, NJ sold for $9.5 million, suggesting a rebounding office market in Southern New Jersey. Wolf Commercial Real Estate brokered the deal and worked with both parties.
WYCKOFF, NJ–Construction of a new ShopRite in Wyckoff, NJ, moved closer to reality as a Bergen County Superior Court judge ruled in favor of the Inserra family's efforts to expand its Inserra Supermarkets chain.