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PHILADELPHIA, PA—Wallace Roberts & Todd senior associate Karen Blanchard has been elected a chapter director and architectural designer Jared Edgar McKnight has been elected associate director for the 2015 AIA Philadelphia Board of Directors.
PRINCETON, NJ–Chambers Street Properties has dumped four multi-tenant office assets totaling 534,849 square feet that it deemed "non-core" to its long-term strategy. The properties brought an aggregate price of $66.3 million.
LOGAN TOWNSHIP, NJ—More warehousing is headed to Salem County, NJ, as Reno-based Dermody Properties has started construction on a new multi-tenant facility in LogistiCenter Logan, its 7.4-million-square-foot industrial park.
CHICAGO—William Di Santo of Englewood Construction says that over the next year, an increasing number of owners will focus on ground-up construction after a year when the focus was on renovations.
PHOENIX—CBRE has completed a 48,735-square-foot lease at Estrella Business Park located at 1010 S. 65th Ave. in Phoenix. Propak Logistics, Inc. has leased the space marking the company's first location in metropolitan Phoenix and bringing the property to 100% leased.
PHOENIX—More than 400 attended the 2014 RealShare Healthcare Real Estate conference held at the Phoenician in Scottsdale where Kate Morris, first vice president, CBRE, moderated the panel: New Trends in Marketing and Leasing.
NEW YORK CITY—However, Kroll Bond Rating Agency predicts that the past year's trend toward deteriorating credit standards in conduit deals is likely to continue into the new year.
OKLAHOMA CITY, Okla.–CBRE Group Inc. has acquired CBRE | Oklahoma, a commercial real estate services firm that has served as CBRE's affiliate in Oklahoma City and Tulsa, Oklahoma, and in northwest Arkansas since 1999.
PENSACOLA, FL—Until this year, I didn't see much deal traction in Pensacola. But with land and acquisition prices rising in South Florida—and Central Florida—north Florida markets are seeing more action.