Business Specialties Leasing
Kosmos Energy Signs Lease at Park Lane in Dallas
Aug. 19, 2008
Harvest Partners said today that Kosmos Energy L.L.C. has signed an office lease for more than 50,000 square feet at Park Lane, a 33.5-acre mixed-use development currently
under construction in Dallas. This marks the first office lease signed in one of the new buildings at Park Lane.
RFP Closes 86,000 SF of Renewals, Expansions at RiverEdge in Atlanta
Aug. 18, 2008
RFP Mainstreet RiverEdge L.L.C. has closed more than 86,000 square feet of renewals and expansions at its RiverEdge office development in Atlanta’s Northwest submarket. The firm was represented by Jones Lang LaSalle. RFP Mainstreet RiverEdge acquired RiverEdge, a two-building, nearly 500,000-square-foot office complex, last year.
100 Park Ave BDO Seidman Inks 121,000SF Lease at 100 Park Avenue
Aug. 11, 2008
BDO Seidman signed a 15-year lease to occupy 121,400 square feet of office space on three floors at Manhattan's 100 Park Avenue.The transaction, for which financial terms were not disclosed, raises building occupancy from 67 percent to 80 percent.
Tenet Healthcare Takes 165,000 SF in Downtown Dallas
Aug. 08, 2008
Tenet Healthcare Corp., an owner of hospitals and other medical facilities nationwide, is planning to move its headquarters to Downtown Dallas. The company, which only moved to the Dallas area from Southern California in 2004, will lease about 165,000 square feet for 10 years at the 1.2 million-square-foot Fountain Place at 1445 Ross Ave.
Tech Firm Renews Lease of Orange County Home
Aug. 08, 2008
TechSpace will be able to call the buildings at 65 and 75 Enterprise in Aliso Viejo, Calif., home for quite some time now that the company has signed a long-term lease with property owner RREEF.
Binswanger Negotiates Long-Term Lease in Costa Rica
Aug. 06, 2008
On behalf of Conair Corp., Binswanger executed a long-term lease of a 221,000 square feet, two-building complex in Turrialba, Costa Rica, to Firestone Industrial Products de Costa Rica S.A., a subsidiary of BFS Diversified Products L.L.C.
ProLogis Leases 211,000 SF to Centrum Logistics in Romania
Aug. 04, 2008
ProLogis has leased 211,000 square feet of industrial space in Bucharest, Romania, to Centrum Logistics, a European provider of third-party logistics services and a subsidiary of Groep H. Essers, a Belgium-based transport and logistics company.
Jacksonville small Hillwood Inks Beverage Giant to 600,000SF Lease in New Jacksonville Distrib Center
Aug. 01, 2008
In a move to consolidate its distribution operations in the Jacksonville, Fla., area, where it operates a manufacturing plant, Dr. Pepper Snapple Group has leased West Point Trade Center, a 601,500-square-foot distribution facility, from Hillwood, which is scheduled to complete the speculative building by the end of the year.
Pep Boys Completes $77M Sale-Leaseback
Aug. 01, 2008
The automotive aftermarket retailer Pep Boys, whose full corporate name is The Pep Boys Manny, Moe & Jack, has completed a sale-leaseback of 22 properties for $77.5 million. The company will continue to operate the properties as Pep Boys stores, for a lease term of 15 years, with four, five-year extension options.
ADT Security Leases 14,000 SF in New York City
July 30, 2008
CB Richard Ellis arranged a 14,000-square-foot lease on behalf of ADT Security Services at 229 West 28th Street in Manhattan, N.Y.
Manhattan Commercial Leases Office Space to 5 Firms in New York City
July 29, 2008
Manhattan Commercial Realty leased office spaces in New York City to five separate companies, the firm announced.
travis tower Houston Office Market Continues to Flourish
July 29, 2008
Over the course of a couple of days, the Houston office of real estate services firm CB Richard Ellis Inc. represented several clients in long-term leases in the city for a total of more than 60,000 square feet.
Le Havre ProLogis Leases New Facility to French Supermarket Group
July 28, 2008
International distribution facility giant ProLogis has leased 277,000 square feet near the Port of Le Havre, France's largest container port by volume, to Cedilec, a French provider of third-party logistics services for the food retail industry.
Off-Price Retailer to Join List of Anchors at 336,000SF Clermont Landing
July 25, 2008
Ross Dress for Less has signed a lease to occupy one of the anchor positions at Clermont Landing, a 366,000-square-foot in Clermont, Fla., at the intersection of Route 27 and Route 50, about 20 miles west of Orlando.
Vehicle Developer Finds a 37,500SF Home in Suburban Detroit
July 25, 2008
The automotive industry in Detroit may be battered but it's not beaten. U.K.-headquartered Gibbs Technologies, a globally recognized developer of high-speed vehicles for consumer and military use, has chosen a property in Auburn Hills as the home of its new North American headquarters.
Turnkey Office Provider Opens 15,000SF Center in Cherry Creek
July 25, 2008
The Regus Group has leased 15,000 square feet at 100 Filmore Street in Cherry Creek, Colo., to house its newest turnkey office center.
ProLogis Makes More Big Moves in People, Places
July 24, 2008
In its fourth major personnel appointment in just a few months, distribution facility giant ProLogis has announced that Philip Dunne will join the company in the new position of COO/Europe and the Middle East.
Arch Insurance Leases 106,815 SF in Jersey City
July 24, 2008
Mack-Cali Realty Corp. said today that Arch Insurance Co. has leased 106,815 square feet at Harborside Financial Center Plaza 3 on the Jersey City waterfront.
Transwestern to Lease Crescent Property's Miami Center
July 24, 2008
Transwestern has been retained by Crescent Property Services Inc. as the exclusive leasing agent for Miami Center.
Brandywine Executes 195,000SF DC Lease with Time Warner
July 23, 2008
Brandywine Realty Trust has executed a 10-year lease transaction with Time Warner Cable Inc. for 195,000 square feet in South Lake at Dulles Corner, a 268,240-square-foot office building in Herndon, Va, a suburban office market in Washington, D.C. The lease brings South Lake at Dulles Corner to 73 percent leased.
Root Capture Leases Industrial Space in Brooklyn
July 23, 2008
Kalmon Dolgin Affiliates arranged a 20,000-square-foot lease for Root Capture Inc. at the property located at 131 North 14th Street in the Williamsburg neighborhood of Brooklyn, N.Y.
Studley Report Says Sublease Space Floods San Fran Office Market
July 23, 2008
A total of 700,000 square feet of sublease space flooded the San Francisco office market over the last three months, pushing the overall availability rate to 14.8 percent, an increase of 1.6 percentage points as compared to the first quarter of 2008.
Opus West Signs 5 New Tenants at Pima Center in Scottsdale
July 22, 2008
Opus West Corp. has announced five new office tenants at the 1-million-square-foot Pima Center, an office campus  located at the Loop 101 freeway at Via de Ventura in Scottsdale, Ariz.
Corporate Point Dallas Software Retailer Relocates Headquarters
July 21, 2008
Despite a slowing office leasing market in the Dallas-Fort Worth Metroplex, a Dallas-area based smartphone software retailer signed a seven-year lease of about 50,000 square feet in the master planned commerce center of Las Colinas in the Dallas suburb of Irving.
ProLogis Leases 252,000 SF to Schenker in France
July 21, 2008
ProLogis has leased 252,000 square feet of distribution space in France to Schenker S.A., a French subsidiary of the Schenker Group.
 

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REal Talk with Adam Perrotta-Tuesday
August 19, 2008
By Adam Perrotta, News Writer --In the latest example of a firm looking to snap up debt in the wake of the credit crunch, Apollo Real Estate Advisors has pumped up funding for its debt investment fund to $930 million....

PNC Finances $354M for Trio of California Projects
August 19, 2008
By Adam Perrotta, News Writer -- PNC has provided a total of $354.4 million in financing to three separate projects in California. In the largest financing, PNC subsidiary PNC Real Estate Finance extended a $300 million term/construction loan to Macerich...

N3 Capital Partners Changes Name to Pennybacker Capital, Eyes $250M in Investments
August 19, 2008
By Gail Kalinoski, Contributing Editor -- As it prepares to move from Fort Worth to Austin this fall, real estate private equity firm N3 Capital Partners L.L.C. has changed its name to Pennybacker Capital L.L.C. The firm also announced plans...

Experts: Lehman RE Sale Could Be Major Opportunity
August 19, 2008
By Eugene Gilligan, Senior Editor -- Lehman Brothers Holdings Inc.'s sale of its commercial real estate assets may entice opportunity funds with the patience to wait for a positive turn in the real estate cycle, according to two real estate...

Emaar Begins Sales at $3.2B Master-Planned Community in Dubai
August 19, 2008
By Gail Kalinoski, Contributing Editor -- Development in Dubai continues to explode with Emaar Properties, the Middle East's largest builder, saying it is beginning sales this week for its newest residential master-planned community. Mushrif Heights is estimated to cost $3.2...

Is Family Business a Good Idea?
August 15, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference....

What to Do When Marketing Goes Wild
August 08, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

Six Mistakes Real Leaders Avoid
August 01, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...