Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...
Calkain Cos. has opened an office in Manhattan and hired Michael Heneghan as senior managing director to run it. The office becomes the sixth for the Herndon, Va., brokerage, which specializes in properties that are net leased to their tenants. ...
Office-market fundamentals in suburban Washington, D.C., tumbled in the first quarter, according to brokerage Cassidy & Pinkard Colliers. The vacancy rate in northern Virginia increased 2.2 percentage points to 13.3 percent as the amount of space that became available exceeded ...
USF&G Financial Services Corp. has negotiated the termination of its lease for 100 Light St., a 530,000-square-foot office building in downtown Baltimore that is owned by Lexington Realty Trust. USF&G, a unit of St. Paul Fire and Marine Insurance Co., ...
Crain's Cleveland Tucker Ellis & West LLP plans to lease 100,000 square feet at the Old River Road building in Cleveland's Flats East Bank Neighborhood. The law firm plans to vacate its space in the Huntington Building when its lease ...
Cincinnati Enquirer American Financial Group Inc. has agreed to anchor a 40-story office tower under construction in downtown Cincinnati. The insurance firm plans to lease 530,000 square feet in the 825,000-sf building. Its lease will run for 15 years. Western ...
Indianapolis Star Marsh Supermarket is seeking a tenant to lease all or a portion of its 150,000-square-foot headquarters building in Hamilton County, Ind. The grocery chain has cut staff since being acquired by Sun Capital in 2006 and now claims ...
Chicago Tribune William Blair & Co. is expected to sign a lease this week for as much as 350,000 square feet at 200 N. Riverside Plaza in Chicago. The financial services firm will likely sign a 15-year lease that begins ...
A venture between Vornado Realty Trust and Ruben Cos. has agreed to lease the air rights above Manhattan's Port Authority bus terminal, and construct an office building of up to 1.3 million square feet. In an announcement earlier today, New ...
Chicago Tribune Marsh & McLennan Cos. is seeking to lease 320,000 square feet at 155 N. Wacker Drive, an office tower currently under construction in Chicago. The New York insurance firm expects to make a decision within two weeks, but ...
Indianapolis Star CVS will lease 162,000 square feet of warehouse space in suburban Indianapolis. The drugstore chain signed a long-term lease with KTR Capital Partners, which owns the Mount Comfort Commercial Park in Mount Comfort, Ind. Colliers Turley Martin Tucker ...
Kroger Co. has signed a 30-year lease to occupy the Birtcher Distribution Center at Paramount, a 551,897-square-foot warehouse and distribution center in Los Angeles. The $207 million deal is said to be the largest industrial lease ever in the country. ...
Bergen Record In another sign of office strength in Morris County, N.J., two major tenants have renewed leases. Sportcraft, a supplier of home recreational products, has agreed to lease 207,442-square feet at 313 Waterloo Valley Road in Mount Olive, while ...
Business Gazette BAE Systems is seeking a Montgomery County, Md., site to develop a 400,000-sqaure-foot business campus. The Rockville, Md., defense contractor is working with real estate firm Cresa Partners of Washington. Part of the proposed facility may house the ...
Pittsburgh Business Times Giant Eagle is negotiating to lease 150,000 square feet at a retail development in the Pittsburgh suburb of Robinson, Pa. The grocery chain plans to use the space in the Settlers Ridge project for a new store ...
Kraft Foods Global Inc. has agreed to lease an 800,000-square-foot industrial warehouse in the Chicago suburb of Morris, Ill., from ProLogis. Total Logistics Control Inc. will operate the facility on behalf of Kraft. The space will serve as a distribution ...
Capital Lease Funding Inc. has lined up $211 million of bridge financing from Wachovia Bank, allowing it to complete its $364.4 million purchase of a portfolio of net-leased properties from the former Pitney Bowes Capital Corp.The New York REIT said ...
Commercial Real Estate Direct Staff ReportNewkirk Realty Trust, an entity formed to buy at least a 30 percent stake in a partnership controlled by Apollo Real Estate Investment Fund, Vornado Realty Trust and the head of Winthrop Financial Associates, has ...
February 1, 2005 Jonathan W. Hipp, a net lease broker, is forming Calkain Realty Advisors Inc., a Reston, Va., firm that will initially focus on single tenant, net lease real estate transactions.The firm will represent public and private REITs, institutional ...
December 30, 2004 A joint venture between Lexington Corporate Properties Trust (NYSE:LXP) and Utah State Retirement Investment Fund have committed an additional $71.4 million to invest in net-leased properties.The Utah pension is advised by AEW Capital Management. The venture, Triple ...
The Los Angeles firm, which is best known for helping clients sell mortgages and properties, is marketing $190 million of CMBS tied to properties that had been leased to Kmart.
The publicly traded company is looking to sell its headquarters campus in Plano for $75.5 million and lease it back in a 15-year deal. The 1 million-sf office campus is on 64 acres that could accommodate another 2.8 million sf ...
June 15, 2004 Commercial Net Lease Realty Inc. (NYSE:NNN) has promoted Julian E. "Jay" Whitehurst to chief operating officer.Whitehurst had been executive vice president and general counsel with the Orlando, Fla., company since February 2003, overseeing leasing, property management and ...
June 8, 2004 BentleyForbes has named David W. Cobb as president and chief executive officer.Cobb replaces C. Frederick Wehba II, who will become vice chairman of the Los Angeles investment firm.Cobb joins the company from Commercial Net Lease Realty Inc., ...
The Los Angeles investment firm is entering a growth spurt. It aims to make $300 million of acquisitions this year as part of an effort to double the size of its 11 million-sf portfolio within two years.
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© 2023 Commercial Real Estate Direct All rights reserved.