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CHICAGO—The area hosts many small manufacturers and distributors, and a top developer says both local and overseas companies are thinking about expanding here.
WASHINGTON, DC—Lowe's Home Centers LLC first DC store took a major step forward on Thursday as the home improvement chain acquired land at The Shops at Dakota Crossing.
WASHINGTON, DC—The district's economy is lagging most of the nation in terms of job growth as federal spending cuts take its toll on business expansion and employment.
RAMSEY, NJ—Jersey Mike's, a leader in the QSR sandwich category with more than 1,300 locations open and under development across the country, has leased two locations in Bergen County, NJ. Winick Realty Group NJ's Gary Krauss was exclusive broker in both transactions as Jersey Mike's continues its aggressive expansion within its home state.
TEANECK, NJ— Cushman & Wakefield, exclusive leasing agents for Glenpointe at Teaneck, the Alfred Sanzari Enterprises property, have signed Ramapo Trust of the Brookdale Foundation Group and Creative Circle to office leases totaling 7,500 square feet.
SEATTLE—The Seattle-based firm, a natural and built asset design and consultancy firm, will become part of the ARCADIS, Netherlands, yet in the third quarter.
Development Ramps Up Again in Atlanta: The market office vacancy rate is 17% (down from the mid-20s), but developers are resuming activities, specifically in uptown Buckhead, the city's most desirable submarket.
SAN FRANCISCO—The 155,000-square-foot class A office property located at Spear and Mission has a tenant roster including Starbucks, France Telecom and Rodan & Fields.