Institutional Investors Throwing Big Money Around Over A-Quality Retail Property
November 11th, 2009After what’s seemed like an eternity of little or no action in the retail property investment arena, several major retail investment transactions north of $100 million have surfaced since October. Considering that news of retail property sale transactions…
Huawei Moves to Legacy Place II, Promises 600 Jobs
November 11th, 2009Huawei Technologies has signed a 103,331-square-foot lease at Legacy Place II in Plano, TX. The building will serve as the global communications company’s new sales and marketing headquarters in North America.
The six-story, 150,000-square-foot office…
Lease Up/Lease Down (Nov. 8-14): Layoffs: A Sprint to the Bottom Line
November 11th, 2009News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source…
Tenants Take Upper Hand in Office Leasing as Rents, Occupancies Slip
November 11th, 2009So this is what the “new normal” looks like in U.S. office leasing markets. Building revenues flat line as tenants, now more willing and sometimes able to find larger and better-quality space for their leasing dollar, begin flexing their muscles at the…
Las Vegas Sands to Restart Macau Projects
November 10th, 2009Las Vegas Sands plans to begin preliminary work in January to restart two stalled construction sites in Macau.
L-3 Communications Entering The GATE
November 10th, 2009L-3 Communications’ Command & Control Systems and Software (C2S2) is coming to The Government and Technology Enterprise (GATE), the new commercial business campus in Maryland’s Aberdeen Proving Ground.
The defense contractor signed a lease for the…
Grubb & Ellis Names D’Arcy New President and CEO
November 9th, 2009Santa Ana, CA-based Grubb & Ellis Company (NYSE: GBE) has named real estate veteran Thomas P. D’Arcy president and chief executive officer.
D’Arcy, 49, who will also take a seat on Grubb’s board of directors, has led both public and private real estate…
Grubb & Ellis Names Thomas P. D’Arcy New President and CEO
November 9th, 2009Santa Ana, CA-based Grubb & Ellis Company (NYSE: GBE) has named real estate veteran Thomas P. D’Arcy president and chief executive officer.
D’Arcy, 49, who will also take a seat on Grubb’s board of directors, has led both public and private real estate…
In The Pipeline: CoStar Development and Construction News for Nov. 8-14
November 9th, 2009In this week’s issue, German pharma giant Merck has topped off its $65 million research facility in Billerica, MA; Irvine, CA-based Sares Regis breaks ground on a rare industrial project on California’s Central Coast; and a group of architects plans…
CoStar’s Retail News Roundup: Nov. 8 – 14, 2009
November 9th, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Sports Fan Attic and Bajio Mexican Grill; closings, cutbacks, defaults, or bankruptcy news at Waldenbooks and Nature Coast Commons; acquisition, merger, loan, sale, or…
