Transwestern Hires 18 for NorCal, OC Offices
WALNUT CREEK, CA-The firm has added 17 new team members to cover East San Francisco Bay and one EVP for its Orange County office.
Steuber Named L.A. Director of Cushman & Wakefield
LOS ANGELES-Scott Steuber will be working out of the firms downtown L.A. office; he has completed more than three million square feet of leasing transactions since 2004.
Return of Debt, Equity Markets Fuel Retail
LAS VEGAS-GlobeSt.com speaks with ReCon 2012 attendees about pressure of traditional supermarkets, foreign money, interest rates, which type of retailers are active and why, and their overall expectations for the upcoming event.
AMLI Residential Sells 440-Unit, Class A Asset to California Buyer
RICHARDSON, TX-JRK Property Holdings beats out 25 offers to take possession of the late 1990s multifamily property. The upside: A booming submarket and minor renovations to push rents.
ABI Takes Disappointing Dip
WASHINGTON, DC-The Architecture Billings Index moved back into negative territory after five months of positive readings.
Related Cos. Reintroduces 225 Rector Pl. to the Market
NEW YORK CITY-With previous developer Yair Levy out of the picture, the owner/manager has brought in a new designer and fresh amenities to attract buyers back to Battery Park City, Relateds Sherry Tobak tells GlobeSt.coms Jacqueline Hlavenka.
CBRE Completes Two Deals for 25,000 SF at Clinton Complex
CLINTON, NJ-CBREs John Goodwin and Patricia Reidel represented Crown Properties, the owner of the 280,000- square-foot Class A site.
Maitland Complex Wins 85% of Market Absorption
ORLANDO-New Boston Fund's Pryce Elam tells GlobeSt.com's Jennifer LeClaire that Orland is still very much a tenant's market.
Transwestern Brings Seventh Industrial Building to 100% Occupancy
MIAMI-The increased demand for class A distribution space has reduced supply and pushed an uptick in lease rates as well as pricing.
CBL Acquires North Dakota Mall for $91M
MINOT, ND-Lightstone Group sold the 623,000-square-foot mall, which includes a hotel with an indoor water park.
More Anchor Stores Are Closing in Chicago
CHICAGO-A local retail survey shows anchor store closings have increased and surpassed openings for the first time in three years, proof the recovery has stalled in the Chicago area.
$69M Development To Be Built With Union Labor
SAN MATEO, CA-The AFL-CIO Building Investment Trust teams with Sares Regis Group of Northern California to develop 155 luxury apartments here, a project that is expected to create more than 300 union construction jobs.
Synergy Agrees to Buy 441 Stuart St. for $40M
BOSTON-Synergy Investment & Development has reached a contract to purchase 441 Stuart St. in the Back Bay neighborhood of Boston for $40 million.
Samuels Property Group Pays $40M for 625 Massachusetts Ave.
CAMBRIDGE, MA-Samuels Property Group has paid $40.1 million for 625 Massachusetts Ave., a mixed-use office/retail complex in Central Square in Cambridge.
Frisch's Sells Golden Corral Restaurants for $50M
CINCINNATI-Frisch's Restaurants Inc. has sold all of its Golden Corral restaurants and real estate.
Developers Plan to Start $100M Mixed-Use Project in Columbia
COLUMBIA, MD-The Howard Hughes Corp. is planning to start construction on an apartment and retail complex in Columbia.
McKesson Enlarges its Space at Four Resource Square
CHARLOTTE, NC-McKesson Corp. has expanded its space at Four Resource Square, a 151,849-square-foot office building in University Research Park, Charlotte.
Opus Breaks Ground on Arboretum Landmark Apartment Project
LISLE, IL-Rosemont-based Opus Development Corp., a subsidiary of Minneapolis-based Opus Group, is starting construction on a four-story multifamily project in west suburban Lisle.
Beacon Puts West Loop Office Building Up for Sale
Deer Valley Luxury Apartment Homes Hits Market
LAKE BLUFF, IL-Prime Property Investors Ltd., an apartment investor based in Northbrook, has put the Deer Valley Luxury Apartment Homes, a 224-unit property in north suburban Lake Bluff, on the market for sale.
