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LOS ANGELES—CBRE's new office-sector report notes that “construction activity has broadened across markets as it has risen,” although single-tenant development has been largely responsible for recent quarterly gains.
ATLANTA—“The I-85 corridor is Atlanta's best-performing submarket, and land for large-scale development is increasingly scarce,” says Kent Mason, vice president and market officer for Prologis in Atlanta.
LOS ANGELES—The engineering, environmental and energy consulting firm buys Foresite Advisory Services and retains its principal and owner Marc Bourdages as technical director of the investment advisory group.
PHOENIX—Valley Partnership has named Cheryl Lombard as its new president and CEO. In this role, Ms. Lombard will be responsible for leading and managing Valley Partnership, including developing and executing strategies, and managing the association's resources, expertise, and leadership initiatives.
LOS ANGELES—The university signs up for an additional 30,000 square feet in the building that houses the Marshall School of Business, bringing its total occupancy to 245,000 square feet and earning the school building signage.
EL SEGUNDO, CA—Industry Partners takes on the leasing efforts for Divco West's creative campus renovation of El Segundo Gateway, and is seeking long-term tenants for the new space, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.