Research Center - Leasing

  • Apartment Property in the Bluff City Auctioned for $3.6M, Half of its Market Value

    Several apartment transactions ran through the Greater Memphis Area multifamily market recently, though none have topped the $43.6 million sale price ringed in by the 500-unit Riverset recently

    25 June 2013 21:04
  • IIT Acquisitions Buys Southwest Phoenix Industrial Buildings for $44M

    In a $44.3 million deal, IIT Acquisitions LLC has purchased Buckeye Logistics Center, a two-building, 684,064 square-foot industrial project in the Valley, from Principal Real Estate Investors.

    21 June 2013 14:21
  • Boston Investor Acquires Gateway Center in Downtown Providence for $13.2M

    In a $13.2 million deal, Albany Road Real Estate Partners of Boston has purchased the four-story 117,000-square-foot Gateway Center in downtown Providence. According to the Providence Journal, the transaction closed on May 23. Bank Rhode Island financed the acquisition with a $10-million, 10-year loan.

    17 June 2013 14:14
  • 1.2 MSF Office Complex Sold In Metairie

    One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.

    17 June 2013 14:13
  • $160M FAA Regional HQs to Break Ground in Fort Worth

    Trammell Crow Company along with its joint venture partner, USAA Real Estate Co., plans to break ground on a $160 million build-to-suit office project in Fort Worth’s Alliance Park.

    17 June 2013 04:12
  • Major Renovations Planned for 7900 Westpark Drive in Tysons Corner

    Washington Real Estate Investment Trust has recently announced a major renovation plan for 7900 Westpark Drive, a Class A office complex in the hub of Tysons Corner, Virginia. It has also selected Jones Lang LaSalle to market the property.

    17 June 2013 04:06
  • Sourwine Real Estate to Deliver City’s First Speculative Office Project Since 2008

    Sourwine Real Estate Services, a locally based three-generation real estate owner, developer and property management company, is about to complete the first speculative office building in the Indianapolis area since 2008.

    14 June 2013 22:53
  • Interest High in Baltimore Area Industrial Properties

    Investors continue to exhibit confidence in the Greater Baltimore industrial market. The low unemployment, close proximity to Washington, DC and Philadelphia, and ease of access to the Port of Baltimore make the area very attractive to industrial users and investors.

    14 June 2013 15:15
  • 8.4K SF Medical Office Center Nears Completion

    A new medical complex is nearing completion on an 8,470-square-foot phase one. Mark Edwards, the leasing agent of the project and president of Edwards Commercial Realty, said the end date for it should be the end of June. Phase two consists of a development of about 7,300 square feet.

    05 June 2013 21:32
  • Microsoft Strengthens Retail and Office Presence in Westside Tech Submarket

    By Alex Girda, Associate Editor As Microsoft continues its steady expansion into the retail world, the company is also gaining a stronger footing in major tech hubs. With upcoming real estate deals the Redmond, WA-based tech giant has lined up, …

    20 February 2013 14:51
  • Team Gemini Advances $300M Process Complex in Grove City

    By Adrian Maties, Associate Editor Team Gemini plans to invest at least $312 million in industrial processing and research facilities near the Franklin County Sanitary Landfill in Grove City, Ohio. The Orlando-based sustainable project design and development company signed 99-year leases with the Solid Waste Authority of Central Ohio on Jan. 8 for two parcels [...]

    17 January 2013 23:13
  • Taking Space

    (U.S. office market conditions*) Source: CoStar Group Inc. *Monthly chart cycles among office, industrial and retail Source: CoStar Group Inc. *Monthly chart cycles among office, industrial and retail

    28 December 2012 16:28
  • City of San Francisco to Complete 100K-square-foot Lease Agreement with Laurus

    By Alex Girda, Associate Editor The Laurus Coporation is cashing in on one of its earlier San Francisco Bay Area investments. The company has recently announced it is negotiating a leasing agreement for a large chunk of space at its 1155 Market St. property. The L.A.-based investment company is currently holding talks with the City [...]

    07 November 2012 21:26
  • Sunnyvale Set to Steal Tenants from Neighboring Submarkets; Legacy Pounces on Development Opportunity

    By Alex Girda, Associate Editor The improving office market in Silicon Valley is making its effects known, as landlords and developers scramble to get as much space as possible while the spike lasts. Yet while the area is set to continue to generate interest due to the presence of giants such as Facebook and Google, [...]

    10 October 2012 15:13
  • Madison Apartment Group Breaks Ground on Luxury M-F Development in Bucks County

    By Veronica Grecu, Associate Editor Madison Apartment Group, the multifamily operating arm of Philadelphia-based BPG Properties, Ltd., recently broke ground on an apartment community called Madison New Britain and located in Chalfont, PA, in the heart of historic Bucks County. Madison New Britain is the first multifamily rental community to be created in the region [...]

    05 October 2012 12:16