This week’s People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC.
ATLANTA
Green Bldg. Expert Joins Grubb’s Office Group
Grubb & Ellis Co. appointed…
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CoStar’s People of Note (Aug. 29-Sept. 4)
Bright House Networks Leases Warehouse
Bright House Networks LLC leased 14,400 square feet at 5010 N Coolidge Ave., Building D, in Tampa for an undisclosed term.
The 14,400-square-foot industrial building is in the Westshore/Airport Industrial submarket.
Frank Grimaldi of Grimaldi…
Kitson & Partners Acquires 59-Acre Parcel
Kitson & Partners, a West Palm Beach-based development firm, bought a 59-acre parcel from GMAC-RFC FOR $7.65 million, or $129,660 per acre.
The site was originally planned for a 1,100-unit residential development, but the original developer had to…
Sarasota Memorial Hospital Coming to Sarasota Industrial Park
Sarasota Memorial Hospital leased 23,000 square feet at 4050 Middle Ave. in Sarasota, FL, for a three-year term. Other details of the lease were not disclosed.
The 56,167-square-foot industrial building is in the Sarasota Industrial submarket.
Jagbir…
In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4
In this week’s Pipeline, Forest City Enterprises will privatize and build family housing at four military bases in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion…
Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize
CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions…
Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease…
CoStar’s Deals of Note (Aug. 29 - Sept. 4)
NEW YORK
Boston Properties to Acquire 510 Madison
By Andrew Deichler
Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe.
The REIT has agreed to a purchase price equal to…
CoStar’s People of Note (Aug. 22-28)
This week’s People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC.
ATLANTA
Brown Joins Cortland as Chief Acquisitions Officer
Cortland Partners recruited…
This Week in Retail: NFL’s Ray Lewis Looks To Be ‘All Business’ Off the Field Too
Baltimore Ravens star linebacker and likely Hall-of-Famer Ray Lewis has drafted a new team, RL52 Realty, a full service commercial real estate advisory firm. While the firm will help advise clients on decisions affecting all property types, the official…