A.I.G. Agrees to Sell New York Headquarters
June 9th, 2009American International Group is under contract to sell its Manhattan headquarters to a partnership of Youngwoo & Associates, a New York-based real estate development firm, and a consortium led by Korea-based Kumho Investment Bank, ending months of speculation…
Southwestern Energy Inks 101,000-SF Office Deal in Houston
June 9th, 2009Southwestern Energy, a locally based energy company, signed a 101,000-square-foot office lease in Houston. The firm will occupy DHL’s former space on the first through fourth floors of 515 W. Greens Road. Occupancy will begin this month with the entire…
‘Visionaries in Sustainability’ Honored by National Building Museum
June 8th, 2009Four giants in the green building movement were recognized Thursday night in Washington, DC, with the National Building Museum’s annual Honor Award, its most prestigious prize.
The recipients were S. Richard Fedrizzi, founding chairman, president and…
Expansions, Relocations & Extensions (June 7-13): NCR Moves HQ to Georgia, Tempers Flare in Ohio
June 8th, 2009In this week’s issue:
NCR moves its HQ to Georgia, much to the dismay of Ohio employees
Sony extends its stay in San Diego
Constant Contact renews and expands at Reservoir Place
Geller & Co. leases 94,000 square feet in New York
First Niagara establishes…
IN THE PIPELINE: CoStar Development News for June 8-15
June 8th, 2009In this week’s issue, Opus West falls into foreclosure on another project and may face bankruptcy; Duffy Realty LLC has broken ground on Graystone, the first major townhome development in Winchester, MA in nearly 20 years; Seavest has finished its third…
CoStar’s Retail News Roundup: Jun. 7 to 13, 2009
June 8th, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Anna’s Linens and ALDI; new retail development news in CA, MN, NJ, AZ, NV, and WI; acquisition, merger, loan or sale activity at Heitman and Feldman, Filene’s Basement and…
Talbots Selling J. Jill to Golden Gate Capital; Closing 75 Stores
June 8th, 2009Hingham, MA-based Women’s apparel retailer, The Talbots, Inc. (NYSE:TLB), today announced that San Francisco-based private equity giant, Golden Gate Capital, agreed to acquire the company’s J. Jill brand assets. Under affiliate Jill Acquisitions, LLC…
BOMA Program to Evaluate, Reward Bldg. Operations & Management
June 7th, 2009The Building Owners and Managers Association International is shining a light on the critical but often unheralded world of building operations and management.
The industry trade group last week launched the BOMA 360 Performance Program, an online…
NCR Moves HQ to Georgia, Tempers Flare in Ohio
June 7th, 2009NCR Corp., the world’s leading manufacturer of ATMs, is relocating its headquarters to the Greater Atlanta region. The move will undoubtedly have an impact on the community of Dayton, OH, where the company has been located for more than a century.
With…
Sony Extends 184,000-SF Lease in San Diego
June 5th, 2009Sony Computer Entertainment, developer of the popular PlayStation series of video game products, has renewed its lease at the San Diego Tech Center for five years. The new term begins in January 2010.
Sony occupies approximately 184,000 square feet…
